Wall Street Journal (blog) | Greece Is Demoted as MSCI Shuffles Its Indexes Businessweek Insult to injury for bailed-out Greece: On Tuesday it became the first developed market to be cut to emerging-market status by MSCI, which has $7 trillion in investor assets tracking its equity indexes. The move reverses a 2001 upgrade to developed status. Greece First Developed Market Cut to Emerging at MSCI Greece is becoming an emerging market For Emerging Markets, Greece Sticks Out as 'Sore Thumb' |
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