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Letta says downgrade shows EU, euro still under watch

S&P lowers rating one notch

20 December, 13:27
Letta says downgrade shows EU, euro still under watch (ANSA) - Rome, December 20 - Premier Enrico Letta said Friday that Standard & Poor's (S&P) decision to lower the European Union's (EU) long-term credit rating by one notch, from a top grade of AAA down to AA+, was "the demonstration that the transition (from the eurozone crisis) is not over and that the EU and the euro are still under observation".

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