After the UK, is the European Union which has seen its rating from Standard & amp agency; Poor’s (S & amp; P). Degraded, Thursday, June 30, following the vote of the British for their output of Twenty-Eight
The notes issued by the rating agencies, types of credit certificates, dictate the conditions under which companies or in this case the country can borrow on the financial markets. The higher the score, the lower the interest rates demanded by creditors amounted
In this case, S & amp;. P has downgraded by one notch from AA + to AA, note the long-term debt of the European Union, for its decision by consecutive uncertainties referendum on Brexit. In a statement, she said:
“After the decision of the British voters to leave the EU after the June 23 referendum, we reassessed our analysis on cohesion within the EU, we consider today as neutral rather than positive in scoring. “
Read also: the forum of the ECB, the central bankers are worried about the effects of” Brexit “
“increased uncertainty”
the prospect of the new rating is stable, which means that the agency believes that further deterioration will not be necessary in the medium term. In its statement it said:
“We believe that now the revenue forecast, long-term planning and adjustments to the EU’s main financial mechanisms amortization will be subject to greater uncertainty. “
Since the announcement of the referendum results, the three major rating agencies downgraded their rating or their outlook for the debt of the United Kingdom.
Read also: What if Edinburgh became the major European financial center in place of the City?
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