BBC News | GLOBAL MARKETS: European Financial Markets Revert to Defensive Mode Wall Street Journal By Andrea Tryphonides & Michele Maatouk European stocks slumped and the euro weakened against the dollar following the downgrade of Cyprus to junk by ratings firm Fitch, while questions remained over the size and terms of European Union aid formally ... Cyprus to hold crisis talks as bailout looms Cyprus's credit rating cut to junk status by Fitch Fitch Cuts Cyprus to Junk as Greek Exposure Hits |