Germany calls the tune of last hope for European Union

The euro's time is almost up - so says one of the big three credit rating agencies as it prepares for a mass eurozone debt downgrade. S&P's announcement shook international markets, with investors cutting and running on European holdings

• 2011-12-06T10:12:39+00:00
• Duration: 03:52

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Germany eurozone debt downgrade. S&P's announcement shook international markets, with investors cutting and running on European holding