S&P Downgrade Warning Spurs Pressure on EU Revamp

S&P Downgrade Warning Spurs Pressure on EU Revamp Play

Dec. 6 (Bloomberg) -- German Chancellor Angela Merkel and French President Nicolas Sarkozy strengthened their push for new rules to tighten euro area economic cooperation as Standard & Poor’s said it may downgrade credit ratings across the region. Linda Yueh reports on Bloomberg Television's "First Look" with Linzie Janis.

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