Euro-Contagion: Germany outlook 'negative' over nonstop debt debacle of others

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Published on Jul 24, 2012 by RussiaToday

Rating agency Moody's has set itself on a collision course with German Chancellor Angela Merkel - after changing the country's credit outlook to negative. The agency even hinted at possible downgrades - if the Eurozone gets worse. But Merkel immediately fired back that Germany would remain Europe's financial haven, despite the Eurocrisis.


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