Fresh off the wires - German Economy Minister Philipp Roesler and the association of German public lenders, VoeB, hit back at the potential S&P downgrade
German Economy Minister Philipp Roesler and The Association of German Public Banks (VoeB) is hitting back at news that ratings agency S&P has placed Germany, as well as five other AAA eurozone sovereigns on a credit watch for a one notch downgrade.
According to the Bloomberg newswire:
*GERMANY WON'T LET ITSELF BE INFLUENCED BY S&P ACT, ROESLER SAYS
*GERMANY'S VOEB SAYS S&P WARNING CAN CAUSE `MASSIVE UNCERTAINTY'