S & P degrades the long-term rating of the European Union after Brexit – Le Figaro

(AOF) – The Standard & amp agency; Poor’s downgraded by one notch to AA, its long-term credit rating on the European Union while maintaining its stable outlook. Following the Brexit – the UK is the second biggest contributor to the budget of the area – the 27 Member States may have difficulty in agreeing to complete the next 2021-2027 multiannual budget. In addition, Standard & amp; Poor’s is concerned that the Brexit opens a breach in the principle of solidarity displayed by the member countries of the European Union which may be more quick to defend their national interests.

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