German Politician: Euro Downgrade Is an American Plot

2:32 PM, Dec 7, 2011 • By JOHN ROSENTHAL

Standard & Poor’s warning that no less than fifteen eurozone states, including Germany, could lose their AAA credit rating has been met with howls of protest from leading German politicians. The general secretary of the Social Democratic party (SPD), Andrea Nahles, described the Standard and Poor’s announcement as “shameless.â€