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'Costs greater than opportunity' Bulgaria dumps Eurozone [Tesa Arcilla © RT]

  • Uploaded by Knewtube on Sep 4, 2012
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More bad news for the European Union, as ratings giant Moody's slaps a negative outlook on the bloc, with a possible downgrade looming.

It's meant to reflect the troubles of it's main budget contributor's including Germany and France.

Meanwhile, with one eye on the troubles of its neighbours, Bulgaria has put its Euro ambitions on hold, despite finally having qualified to join.

RT's Tesa Arcilla reports on the EU's poorest member's change of heart.



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