Moody's: Euro crisis now threatens credit of ALL European sovereigns

Source: http://www.reuters.com/article/2011/11/28/us-markets-ratings-europe-idUSTRE7AR06S20111128

"Euro area crisis threatens EU sovereign ratings: Moody's"
Mon Nov 28, 2011 1:27am EST

(Reuters) - Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.

"While Moody's central scenario remains that the euro area will be preserved without further widespread defaults, even this 'positive' scenario carries very negative rating implications in the interim period," the agency said in a report...