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Merkel Says Downgrades Show Euro Heads Must Redouble Efforts
BusinessWeek By Brian Parkin and Patrick Donahue (Updates with Fillon in third paragraph, downgrade history in fifth. For more on Europe's debt crisis, see EXT4 ) Jan. 14 (Bloomberg) — Chancellor Angela Merkel said euro- area downgrades by Standard & Poor's … European Leaders Use Debt Downgrades to Argue for Austerity, and for Stimulus Europeans question ratings agency power after 9-country downgrade Eurozone rescue fund faces loss of AAA rating |

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