News Headline Summary

Moody's analyst says France downgrade will affect ratings of ESM/EFSF

Update details:

- Last night Moody's downgraded France's government bond rating to Aa1 from Aaa and said would downgrade France further if deterioration in economic prospects or there was difficulty in implementing announced reforms.

Print 08:25, 20 Nov 2012 - Rating Agency comments - Source: Newswires