S&P action turns up the heat on EU leaders
Laurent Thomet, AFP, 15.01.2012
Quote
Two weeks before a new summit, European leaders are under pressure to deliver a credible solution to the debt crisis after Standard & Poor's punished their policies with stinging credit downgrades. […]
For analysts, Friday's bad news is a stark reminder that the crisis is far from over.
"The downgrade does not reflect the fact that the efforts of the eurozone to escape the crisis had shown some promising positive results," said Janis Emmanouilidis, analyst at the European Policy Centre.
"At the same time, the downgrade shows that more needs to be done to manage and eventually overcome the crisis."
For the original article see here.
Latest media contributions
EPC Update / Post-summit Briefing: What does the Ankara NATO Summit mean for Europe’s security?
Online Briefing, YouTube, 09.07.2026
EPC Update / Post-summit Briefing: Will the June EU Summit provide strategic direction?
Online Briefing, YouTube, 22.06.2026
EU Democracy Reform Observatory: Two years on: Why Europe’s far right keeps growing
Online Briefing, YouTube, 11.06.2026
EPC Update: Can Europe lead when leadership is in short supply?
Online Briefing, YouTube, 29.05.2026
What are the sticking points for the EU's new budget?
Quotes, Deutsche Welle, 29.04.2026
EPC Update / Post-summit Briefing: Spring European Council: Can the EU meet the challenges of the new world disorder?
Online Briefing, YouTube, 26.03.2026
EPC Update / Post-summit Briefing: Informal leaders' retreat: New momentum for European competitiveness?
Online Briefing, YouTube, 16.02.2026
EPC Update / Post-summit Briefing: The Greenland crisis: A test for Europe's credibilitye need for strategic choices
Online Briefing, YouTube, 23.01.2026
EPC Update: EUrope in 2026: the need for strategic choices
Online Briefing, YouTube, 12.01.2026
EPC Update / Post-summit Briefing: The last EU Summit of 2025: a real moment of truth?
Online Briefing, YouTube, 19.12.2025