‘The credit rating agencies are, apparently, tools of American imperialism. Anglo-Saxon speculators are conspiring against Europe”

This is exactly correct. The Telegraph and the whole British media are also central to this conspiracy. The EU leadership, the likes of Barroso,  is generally atlanticist and therefore ill-equipped to counter the astonishing offensive being launched against the Eurozone. However, they are forced to recognise that the Anglo-Americans have no friends, only interests and the interest here is the destruction of themselves and the  EU project. They are therefore beginning to react and defend themselves against the hedge funds, the media and the rating agencies and their coordinated assaults. The stakes are high: Britain knows that only the destruction of the euro can save the pound and the world’s most indebted entity, UK PLC.

EU leaders blame the euro crisis on American credit rating agencies

Daniel Hannan

Telegraph

7th July, 2011

When EU leaders start claiming that the debt crisis is a plot got up by the credit rating agencies, you realise that they are losing their grip on events.

Read the rest of this entry »

The Age

7th July, 2011

Greek Foreign Minister Stavros Lambridinis attacked on Wednesday what he termed the “madness” of ratings agencies in the European debt crisis, saying they exacerbated an already difficult situation.

Read the rest of this entry »

PressTV

6th July, 2011

The EU has criticized credit rating agencies, accusing them of showing bias against the bloc after Moody’s Investors Service downgraded Portugal’s sovereign debt rating to “junk bonds” status.

Read the rest of this entry »