Debt Refrain: Germany calls the tune of last hope

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. ­Especially worrying for them this time is that even Germany, seen as the EU's backbone, is not being spared. Standard & Poor's justified its decision by po ...