Eurozone rescue fund given triple A rating

clock •

The €440bn European Financial Stability Facility (EFSF) has been given the highest possible ratings by the three main agencies.

Moody's, Standard and Poor's and Fitch Ratings all assigned triple A ratings to the fund, designed to help eurozone countries with financial assistance if they find it difficult to borrow at acceptable rates. Klaus Regling, CEO of EFSF, says: "We are most satisfied to obtain the top credit ratings by all agencies. "It is a clear confirmation the EFSF can play its envisaged role and be one of the cornerstones of Europe's strategy to maintain financial stability of the eurozone sovereign debt market. "The top ratings of the EFSF, should the facility need to issue, will provide a good...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Fahad Hassan: When good news becomes an inflation problem

Fahad Hassan: When good news becomes an inflation problem

'Markets have been adjusting to the risks through valuations all year'

Fahad Hassan
clock 29 September 2026 • 6 min read
Healey promises 'new age of industrialisation' ahead of Budget

Healey promises 'new age of industrialisation' ahead of Budget

Keeps quiet on personal taxation, pensions or savings at Labour’s conference

Isabel Baxter
clock 28 September 2026 • 2 min read
MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

Treasury Committee report

Jack Roach
clock 23 September 2026 • 2 min read