(BFW) S&P’s Kraemer Says ‘Writing of QE Is on the Wall’ for Europe


S&P’s Kraemer Says ‘Writing of QE Is on the Wall’ for Europe
2014-11-07 00:57:47.652 GMT


By Colin Keatinge
Nov. 7 (Bloomberg) -- Many imbalances in Europe that need
to be addressed, Standard & Poor’s Head of Sovereign Ratings
Moritz Kraemer says in interview with Bloomberg TV today.
* Low rates created “sense of complacency,” he says
* Sees problems in Europe compared to Japan because of
difficulty of coordinating between govts in Europe
* ECB action allows Europe govts to continue “dithering,” he
says
* Says negative outlooks watched closely are France, Italy


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

To contact the reporter on this story:
Colin Keatinge in Singapore at +65-6231-3479 or
ckeatinge@bloomberg.net
To contact the editors responsible for this story:
Grant Clark at +65-6212-1101 or
gclark@bloomberg.net
Colin Keatinge