S&P Credit Research



Title:

Shaky Confidence Casts Doubt In Credit Outlook For Europe, Says Report

Price:$100.00
Publication Date:May 01, 2008
Report Type:News
Abstract:NEW YORK (Standard&Poor's) May 1, 2008--Economic sentiment in the Eurozone continues to slip, increasing the likelihood of credit deterioration, according to an article published today by Standard&Poor's. The report, titled "Europe Credit Comment: Declining Confidence Compounds Risks To Credit Quality," says that a sluggish economic outlook, tight lending conditions, a strong euro, and elevated oil, food, and commodity prices dragged the Eurozone economic sentiment index down to a 32-month low of 97.1 in April, below its long-term average of 100 for the second consecutive month. "Both consumer and business confidence indices have weakened markedly in recent months, heightening concerns over cyclical sectors that are particularly reliant on consumer spending and business investment," said Diane Vazza, head
Brief Excerpt:RESEARCH Ratings Definitions Shaky Confidence Casts Doubt In Credit Outlook For Europe, Says Report Publication date: ##-May-#### Global Fixed Income Research: Diane Vazza, Managing Director, New York (#) ###-###-####; diane_vazza@standardandpoors.com...
Word Count:574
Sector:Global Issuers, Structured Finance, Public Finance, Financial Institutions, Insurance, Sovereigns, Corporations, International Public Finance, Utilities, Servicer Evaluations, Asset-Backed Securities, Collateralized Debt Obligations, Real Estate Companies, Asset-Backed Commercial Paper, Commercial MBS, Residential MBS
Format:HTML HTML
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 
Purchase Report
Price: $100.00

Looking For Something Else?


S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

  about us | contact us | public company index | private company index | pcan | widget | your privacy rights | terms & conditions  

Copyright © 2008 Alacra, Inc., 100 Broadway, Suite 1100, New York, NY 10005. All rights reserved.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.