"The Netherlands has become the latest eurozone member to be stripped of its AAA credit rating by Standard & Poor's, citing weakening growth prospects as it cut the country's rating to AA+."
Read : http://www.ft.com/intl/cms/s/0/bc093146-58bc-11e3-a7cb-00144feabdc0.html#axzz2m1JKI2Bi.
My readers know how highly I think of the rating agencies.
But for once I am pleased. I have been waiting far too long for this downgrading to happen.
Dutch arrogance will have been taken down a peg or two.
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