European Central Bank expected to cut interest rates this week
New banking rules cited as the reason for the ratings changes
Negative implications follow from new framework to resolve failing banks
Bank will have up to nine months to cover capital shortfalls
Scope extended to trading venues such as multilateral trading facilities and over-the-counter (OTC) markets
Draft rules require firms to provide a mandatory Key Information Document
Support ratings likely to be downgraded
Investment conditions improved in the second half of 2013
Economic consequences could be severe for Russia, Europe
European Union countries will have two years to implement directive in national law