Moody's Downgrade Austria, France and the UK to Negative Outlook

Another downgrade credit ratings happen again, we reported Moody's shifts outlook for UK and France, The agency downgraded its rating on six European sovereign credits and cut its outlook for Austria, France and the UK to 'negative'

News update from Eurozone debt crisis, EU tries to finalise €130bn Greek bail-out, European Union officials say they believe Greece has met the demands of the troika of international creditors after parliamentary vote

But somehow, Eurozone leader Germany faces a machine from hell, German-bashers make demands for financial commitments that would risk economic and political disaster in Berlin

Not much goodness and still rapid risk on the desk, Greece far from safe even after debt swap, Until fundamental drivers of euro debt and banking crises are addressed, volatility will remain a constant companion