ECB :Suspending minimum rating thresholds Portuguese debt 2011, suddenly, agencies, possible, religion

towardsutopia21

How would you as an analyst/PM assess this development in terms of the "soundness" of the ECB. Given that rating agencies are now suddenly finding religion is this move to preempt shocks that may arise due to possible downgrades of European periphery?



Edited 1 time(s). Last edit at Friday, July 8, 2011 at 12:02PM by C3Po.