Downgrade of debt ratings underscores Europe's woes

Downgrade of debt ratings underscores Europe's woes

Written by Simon Tilford, 13 January 2012

"It will make it harder to erect firewalls around struggling euro zone economies and convince investors that things are more sustainable," said Simon Tilford, the chief economist for the CER in London.

Link to press quote:
http://www.nytimes.com/2012/01/14/business/global/euro-zone-downgrades-expected.html