Moody's said Monday it will review the credit ratings of all EU
countries in the first quarter of next year after a summit of European
leaders last week failed to deliver "decisive policy measures."
"The
absence of measures to stabilise credit markets over the short term
means that the euro area, and the wider EU, remain prone to further
shocks and the cohesion of the euro area under continued threat," the
ratings agency said in a statement.
