German Chancellor Angela Merkel (L) and German Finance Minister Wolfgang Schaeuble speaks during a session of the Bundestag, the lower house of parliament, in Berlin, on July 19. Moody's took the ... more 

German Chancellor Angela Merkel (L) and German Finance Minister Wolfgang Schaeuble speaks during a session of the Bundestag, the lower house of parliament, in Berlin, on July 19. Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative." less