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Fri 05 May 2010Paris and Berlin accuse rating agencies
CREDIT RATING agencies are set to come under renewed pressure after Germany and France called on the euro zone’s leaders to review their role in “crisis propagation”.
As fear of contagion from the Greek debt crisis roiled markets again yesterday, chancellor Angela Merkel and president Nicolas Sarkozy called on the European Commission to examine how the agencies’ power might be diluted.
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