Don’t blame Moody’s for a messy euro crisis

Commentary feature. Everybody hates the rating agencies. But last week, they did us a favour. They showed that populism will not work, writes Wolfgang Münchau.

ESO: Background information: Europe lashes out over downgrades / Brussels faces rating agency dilemma http://www.europeansources.info/record/europe-lashes-out-over-downgrades-brussels-faces-rating-agency-dilemma/

---