European Parliament 1 February 2012, Written question E-000556/12 Sergio Paolo Frances Silvestris (PPE) to the Commission. Regulating the powerful credit rating agencies

Question for written answer E-000556/12 to the Commission Sergio Paolo Frances Silvestris (PPE) (1 February 2012) Subject: Regulating the powerful credit rating agencies On 13 January 2012 the credit rating agency Standard and Poor's officially announced it had reduced Italy's sovereign credit rating by two levels, from ‘A’ to ‘BBB +’. The outlook is negative.