Euro zone reform efforts have 'fallen by the wayside' with ECB easing: S&P

By John Geddie LONDON (Reuters) - Euro zone governments have eased up on efforts to overhaul their struggling economies because the ECB's ultra-easy monetary policy has pushed their borrowing costs to record lows, ratings agency Standard & Poor's said on Tuesday. Speaking in London, S&P's top EMEA analyst Moritz Kraemer said there was a strong relationship between government bond yields -- an indicator of how much countries must pay to borrow -- and their willingness to undertake structu