Next, decrease debt rating

KOMPAS.com - Haru-blue in the eurozone debt crisis is not yet over. The most recent is the best brand of record debt rating agency Standard and Poor's (S & P's). As the AP and AFP on Tuesday (6/12/2011), this institution grouping all member euro zone into the box titled "credit monitoring". Interestingly, Germany and France, which is fronted euro zone was included in the box.
That means the six countries in the world has a top AAA ratings would go down 50% chance of ranking.
This news shocked investors. As a result, the value of stocks fell back as well as the value of the euro currency.
Meanwhile, France and Germany say a new EU treaty is needed to overcome this crisis. The proposed new treaty came after a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel in Paris yesterday.
According to the two leaders of the 17 eurozone member states, all should be able to face the challenge of tightening budgets and the threat of the imposition of sanctions when there are countries that fall into the trap of deficit. Both leaders also proposed a new treaty was completed in March formulated to prevent the occurrence of the same financial crisis.
Paris meeting that was held ahead of a summit of EU leaders scheduled for Friday the country is considered very crucial to the continuation of the single currency area this forward.
U.S. Treasury Secretary, Timothy Geithner, has arrived in Europe as well to meet a number of top finance officials a number of countries, ahead of eurozone summit. Tuesday, Geithner is scheduled to meet the European Central Bank in Frankfurt before she met German Finance Minister Wolfgang Schäuble.
Outside Germany and France, Austria, Netherlands, Finland and Luxembourg now holds the top AAA rating issued by S & P's. Recent announcement S & P's means there is half the risk of these countries will lose their rating in the next 90 days.
Observers also stressed the S & P's move shows the magnitude of the pressure uncertainty that overshadows the euro zone countries, like Italy, in the direction of default position in the future.
Agency's decision was not deemed controversial. Because the banks in the euro zone region has long had difficulty borrowing money. Then, the economies of member countries are also running another country because the government guarantee a greater, and the emergence of an increasingly real risk of recession.
However, spending time S & P's announcement is considered controversial with only intermittent moments after France and Germany agreed to prepare a new treaty with the intention of entering the country to be more disciplined in terms of financial arrangements. Both Sarkozy and Merkel said it would record the S & P's warning that.