.

Sunday, March 3, 2013

Britain: Moody's cuts rating increases our determination to address the debt problem



London:

Britain, described the decision of the Agency Moody's rating, depriving her of the classification, as a painful reminder of the debt burden.

British Finance Minister George Osborne "-in a statement late Friday that reducing the rating, a very clear warning to all those who believe that it is possible to overlook these problems solution.
"Osborne": "the decision, will not weaken our determination to implement the recovery plan but will double him, and proceed to implement this plan, which has reduced the deficit by a quarter, and gave us very low interest rates, a record number of jobs".
The British Minister said that his country faces enormous challenges because of growing debt for years, and that this situation is exacerbated by the weakness of the economic situation in Europe.
Lowered Moody's – today-excellent British classification, because of "weak" growth prospects in the country.

0 Comments:

Post a Comment