S&P's David Beers warns enlarging the EU bailout fund (EFSF) could trigger ratings...

|By:, SA News Editor

S&P's David Beers warns enlarging the EU bailout fund (EFSF) could trigger ratings downgrades - for the fund itself, and even Germany and France. "There (are) no cheap, risk-free leveraging options for the EFSF any more," he says.