Politiken taget i manipulation - S&P har ikke vurderet rød regering

Politiken manipulerer groft i følgende artikel og forsidehistorie: http://politiken

Ikke angivet Ikke angivet,


Politiken manipulerer groft i følgende artikel og forsidehistorie:


Socialdemokraterne har naturligvis taget manipulationen til sig og spreder løs af løgnhistorien:


Som det fremgår af nedenstående mail fra teamet hos S&P, så er det eneste ratinganalytikeren har bekræftet over for Politiken, at Danmark i dag er rated AAA og har et stabilt outlook. S&P tager afstand fra alle øvrige dele af artiklen - herunder særligt overskriften.


Subject: RE: S&P endorsing left-wing politics in Denmark?
Date: Wed, 24 Aug 2011 16:47:05 +0100
From: [email protected]
To: [...]; [email protected]; [email protected]; [email protected]

Hi [...],


Tha for your interest in Standard & Poor’s.


What Mr. Morozov did was to confirm that the current long-term credit rating on the Kingdom of Demark is AAA. And the current outlook is stable. Everything else written in this piece—in particular the title-- is the work of the journalist in question.


Best regards,


Frank Gill


From: [...]
Sent: 24 August 2011 16:08
To: Mates, Ana; Gill, Frank; Mrsnik, Marko; Beers, David
Subject: FW: S&P endorsing left-wing politics in Denmark?


Is Ivan at work today? I have received no response from him.

From: [...]
To: [email protected]
Subject: S&P endorsing left-wing politics in Denmark?
Date: Wed, 24 Aug 2011 08:56:24 +0000

Dear Ivan,
Your comments to the Danish left-wing newspaper "Politiken" has made quite some headlines in Denmark today. Unfortunately, S&P has now become a player in the upcoming election here in Denmark. In case you have not read the article yourself, I have included an excerpt of your comments here:
--- Quote from Politiken ---
Rating firm does not fear red government
Change of government will not trigger downgrade, according to S&P
And that rating [i.e. AAA] Morozov expects Denmark to continue to hold, also in case the color of the government changes following an election.
- I would expect it in the current situation. If I am not mistaken, the opposition led the previous government, and at that time Denmark also had a AAA-rating, says Ivan Morozov to Politiken.
- Right now our rating is based on an expectation of stability, he adds.
Ivan Morozov emphasises to Politiken, that change of government in other countries  have "not meant anything for the credit rating".
--- Quote from Politiken ---
I must say I am a bit surprised to see S&P implicitly endorsing politics of the Danish left-wing opposition, which includes former communists from the radical left. Instead of actually reviewing the proposals set forth by these parties (Social Democrats and Socialists People's Party) in their paper called "Fair Solution", S&P simply assumes that the parties will continue to the politics of the former social-liberal government in the 1990ies. During that time Denmark was also blessed with a period of sound economic growth following a number of years of economic downturn.
It is definitely not the case that the current opposition has proposed to copy the politics of the 1990ies. The former government's politics were indeed social liberal by nature, whereas the current proposals in "Fair Solution" appear to resemble the socialist politics of the late 1970ies to 1980ies, which resulted in high inflation and massive fiscal deficits. This is not stability.
Of course a change of government itself may not trigger a downgrade, but it is obvious that a downgrade is inevitable following a number of years with significant deficits without the willingness to act and implement the necessary reforms. This is highly likely to happen if the politics of "Fair Solution" were to be put into practice. The opposition is against the necessary reforms and argues for even further increased public spending. How can this mean stability? I suggest you analyse the paper "Fair Solution" if you intend to publicly endorse their left-wing politics again.
Have you been taken hostage by the journalist from Politiken or are the quotes an actual reflection of S&P views?

Best regards,