Monday 4 July 2016

The rating agencies have questioned the sustainability of the United Europe's ideas


International rating agency Standard & Poor's downgraded the credit rating of the European Union from AA+ to AA after the British decision to exit the EU. At the same time, short-term rating was affirmed at A-1+, with a stable outlook on all ratings.
Analysts of the agency explained that after the referendum in Britain on June 23, they revised their conclusions about the economic impact of the general growth of disunity in the EU countries. Now the rating upgrade is possible only by increasing the average overall rating of the bloc's members or by strengthening its political unity, not only on the basis of ratings of such anchor countries such as Germany and France. The downgrade is also possible with a decrease in average total GDP of the EU members or with  a lack of support from their side in the most important areas of Brussels politics.


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