European rating agency to launch end of 2012

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					European rating agency to launch end of 2012
Nov	22nd	2012	#		Instead of anti-S&P just mini-S&P
Nov	20th	2012	#		Bertelsmann introduces model for a rating agency
Mar	31st	2012			Finance Ministers Clear Way for Credit Rating Competition in Europe
Mar	16th	2012	#		European rating agency must delay launch (Börsen-Zeitung)
Mar	16th	2012	#		European rating agency must delay launch (spiegel)
Jan	21st	2012	#		European rating agency will start in summer 2012 (Handelsblatt)
Jan	21st	2012			European rating agency could launch in 2012: report
Jan	20	2012	#		European rating agency to start end of 2012 (Wirtschaftsblatt.at )
					more on that story as soon as it gets available ...
					# = German language

Eastern Europe suffering from Eurozone problems (Vienna initiative II)

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					Dear reader,
					one development with not much attention so far is the renewed thread to Eastern Europe as a result of the problems of the eurozone. (Hungary got some coverage though) A credit crunch is looming again and so the revival of the 'Vienna initiative' is on the agenda once more in order not to ditch Eastern Europe in the trench of recession again.
					Not important ? Well not when one looks to Austria and other European states and their financial involvement in Eastern Europe even endangering their finances or at least their credit rating. So there is more to watch than "just" PIIGS or all the other fear factors of the eurozone.
					So first here are some related links to prepare and a comment to recent developments might be posted later in the new opinion section of this blog. (So readers can choose whether or not to agree to some extend or to raise their blood pressure because of disagreeing completely.)
					As always with rapidly developing stories of today's eurozone, you can expect some more or less rapid updates of this article, too. (at least some additional links can be expected) So rechecking it from time to time might be a good thing to do.
Nov	12th	2012			Foreign Bank Lending to Central, Eastern Europe Fell Again in Second Quarter
Apr	6th	2012			The Vienna Initiative and financial stability in emerging Europe
Mar	29th	2012			Debt Hangover: Nonperforming Loans in Europe’s Emerging Economies
Mar	29th	2012			Western banks cast gloom over CEE
Jan	18th	2012			Eastern Europe May Need Funding Deal to Avert Credit Drought
Jan	18th	2012			EBRD's Berglof sees consensus on new Vienna Initiative
Jan	18th	2012			Special Meeting of the European Bank Coordination “Vienna" Initiative
Jan	18th	2012			Eastern Europe May Need Funding Deal to Avert Credit Drought

Kindergarten for adults

Dear reader,

since the establishment of this blog in Fall 2011 some things have changed (the author hopes to the better) and one of those changes is that from now on factual blog entries and opinions are being split.

Before the perhaps unwanted opinion is causing any health problems such as high blood pressure, sore throat, headache or even triggering a heart attack there will be this warning first and you cherished reader will enter the opinion section on your own risk and only after clicking on the link after reading this prior warning:

Proceed here after reading health warning  (hot)  
(Subject: some statements of politicians on S&P decision)

spicy = somewhat critical & controversial 
hot    = medium critical & controversial
acid  = extremely critical & controversial