There are fears that borrowing costs could rise after the credit ratings agency Moody's downgraded 15 mostly European and American banks.<br /><br />On Friday European leaders will try to pave the way for closer fiscal and banking union ahead of an EU summit.<br /><br />In Luxembourg eurozone finance ministers decided on a mechanism for Spanish banks to get a multi-billion euro loan.<br /><br />...<br />http://www.euronews.net/
