HomePage | Contact Us | About Us
Custom Search
|
|
HomePage | Contact Us | About Us |
Custom Search
|
|
|
Greece's Rating Downgraded by FitchJanuary 2011 Fitch credit rating agency downgraded on January 14 the Greek sovereign debt to junk, from BBB- to BB+. Fitch follows the two other global credit rating agencies who have already downgraded Greece's sovereign debt to junk too. The downgrade is in spite of the significant progress made by Greece in narrowing the budget deficit in 2010 by 36.5% ,well above the preliminary 33.5% forecast. |
© All copyrights reserved