Netherlands After Losing Its AAA Credit Rating
December 13, 2013 at 09:12 AM EST
The Netherlands has lost its triple A credit rating by Standard & Poor’s, leaving just Germany, Finland, and Luxembourg in the Eurozone at the highest level. The downgrade to AA+ is ironic, as it appears to be the result of an overdose of “responsible” budgetary policy. According to S&P, “The downgrade reflects our opinion that [...] View the full post at: Netherlands After Losing Its AAA Credit Rating Related posts: Moody’s Puts Portugal’s Aa2 Credit Rating on Review for Downgrade Credit Agency Warns U.S. and Others of Risk to Top Rating S&P Downgrades Greece’s Credit Rating to BBB-Plus