News Headline Summary

Japanese Ministry of Finance's Nakao says will consider purchase of ESM bonds but will look at credit rating

Update details:

- Over the weekend, Moodys downgraded the Eurozone's permanent bailout fund, the ESM, to Aa1 from Aaa and the EFSF to Aa1 from Aaa; maintains negative outlook. The move follows on from the French downgrade which is the EFSF's second largest contributor.

Print 00:25, 03 Dec 2012 - Asian News - Source: Newswires