Germany's credit rating warning

Germany and the Netherlands have been put on negative ratings watch by Moody's. It is after increased fears about Spain's economy sent markets tumbling after news that the country was pushed deeper into recession and a step closer to a formal bailout

Latest ITV News reports

  • Fear again focuses on Spain

    Europe's policy makers may have packed up for the summer, but the problem they have been trying to come to grips is gathering pace.