BRIEF-Moody's Says Euro Area Faces Clear Choices On Reforms To Manage Future Shocks

Feb 5 (Reuters) - Moody’s:

* MOODY’S SAYS EURO AREA FACES CLEAR CHOICES ON REFORMS TO MANAGE FUTURE SHOCKS; CHANGE LIKELY TO BE GRADUAL

* MOODY’S SAYS IT THINKS IT IS UNLIKELY THAT SIGNIFICANT INSTITUTIONAL REFORMS WILL BE ENACTED IN THE EURO AREA THIS YEAR‍​ Source text for Eikon: