AOL.com Video - Rating Cut Warning for UK and France

VIDEO:News

Rating Cut Warning for UK and France

Description:Europe's politicians faced the media after news from one of the main three rating's agencies hit. Moody's has warned it may cut the triple A ratings of France, Britain and Austria. It downgraded six other European nations including Italy, Spain and Portugal. In France, the socialist presidential candidate was playing down the threat to his country's economy. Francois Hollande said France was not Greece. (2:13)

Source: Reuters

Tags: Rating Cut Warning for UK and France , austria credit warning , britain credit warning , European economy