BN 10/23 06:17 *S&P: EUROZONE MAY BE ENTERING STUBBORN PHASE OF SUBDUED GROWTH
BN 10/23 06:15 *S&P SAYS EUROZONE CRISIS IS STILL NOT OVER YET
BN 10/23 06:15 *S&P SAYS EUROZONE CRISIS IS STILL NOT OVER YET
S&P Says Euro Area May Enter ‘Stubborn Phase of Subdued Growth’
2014-10-23 06:25:01.431 GMT
By Dara Doyle
Oct. 23 (Bloomberg) -- Says “worst may be over, but the
difficult job of tending to unfinished business lies ahead.”
* S&P says “we believe that the eurozone’s problems are still
unresolved”
* “We believe that as an unintended consequence of its OMT
promise, the ECB may have instilled a sense of policy
complacency,” says analyst Moritz Kraemer.
* Says the ECB may continue to expand its accommodative
policy, for example through quantitative easing
Link to Statement:{NSN NDVW2B3PWT1C <GO>}
Link to Company News:{2539Z GR <Equity> CN <GO>}
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To contact the editor responsible for this story:
Dara Doyle at +353-1-523-9521 or
ddoyle1@bloomberg.net
2014-10-23 06:25:01.431 GMT
By Dara Doyle
Oct. 23 (Bloomberg) -- Says “worst may be over, but the
difficult job of tending to unfinished business lies ahead.”
* S&P says “we believe that the eurozone’s problems are still
unresolved”
* “We believe that as an unintended consequence of its OMT
promise, the ECB may have instilled a sense of policy
complacency,” says analyst Moritz Kraemer.
* Says the ECB may continue to expand its accommodative
policy, for example through quantitative easing
Link to Statement:{NSN NDVW2B3PWT1C <GO>}
Link to Company News:{2539Z GR <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Dara Doyle at +353-1-523-9521 or
ddoyle1@bloomberg.net