James Forsyth James Forsyth

Fiscal union would hit eurozone credit ratings

There is predictable euro-rage today at Standard and Poor’s warning that there’s a 50/50 chance that the six AAA eurozone countries could see their credit rating downgraded. But if the eurozone does push ahead with fiscal integration, it will — obviously — have an impact on the credit worthiness of the stronger eurozone economies.

Already a subscriber? Log in

Keep reading with a free trial

Subscribe and get your first month of online and app access for free. After that it’s just £1 a week.

There’s no commitment, you can cancel any time.


Unlock more articles



Don't miss out

Join the conversation with other Spectator readers. Subscribe to leave a comment.

Already a subscriber? Log in