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European Atomic Energy Community Nov 09

Standard & Poors, November 2009

Abstract
Strong membership support. Prudent statutory and budgetary controls. Ultimate access via the European Community's (EC) budget to EU member states' resources, if necessary, to meet its obligations. The ratings on European Atomic Energy Community (EURATOM) reflect strong membership support; prudent statutory and budgetary controls; and ultimate access via the European Community's (EC) budget to EU member states' resources, if necessary, to meet its obligations. EURATOM was established as a supranational entity in 1957 by the Treaty of Rome, which also created the EC. These two are the EU's only remaining supranational entities. Until July 23, 2002, there was a third, the former European Coal & Steel Community (ECSC), but the treaty establishing this entity has expired and the entity is...

Companies mentioned in this report are:
- European Atomic Energy Community

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Full Analysis

- European Atomic Energy Community

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