EU watchdog cautions rating agencies over knee-jerk downgrades in pandemic
Credit rating agencies should
avoid deepening the coronavirus crisis by quick-fire downgrades
of countries and companies as the pandemic pushes economies into
recession, the European Union’s securities market chief said on
Thursday.
avoid deepening the coronavirus crisis by quick-fire downgrades
of countries and companies as the pandemic pushes economies into
recession, the European Union’s securities market chief said on
Thursday.
Posted by Reuters
