Hooray for Germany! (AP) Ratings agency Standard & Poor’s downgraded the government debt of France, Austria, Italy and Spain on Friday. But it kept Germany’s at the coveted AAA level. The downgrades deal a blow to the eurozone’s ability to fight off a worsening debt crisis. All told, S&P cut its ratings on nine eurozone countries. The rating agency ended France and Austria’s triple-A status. It also lowered Italy’s and Spain’s by two notches and did the same for Portugal and Cyprus. Additionally, S&P cut ratings on Malta, Slovakia and Slovenia. S&P had warned 15 European nations in December that they were at risk for a downgrade. The United States, the world’s largest economy, was downgraded over the summer of 2011.