Now Belgium Gets Credit Warning

After Italy got a credit rating warning very late on Friday, another core country was warned today: Belgium. The country that has many of the European institutions saw its current rating affirmed at AA+, but got a warning that the rating is likely to drop.

See more details here.

Here is the EU blaming governments for irresponsible management:

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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