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Thursday, October 31, 2013

Greece Downgraded from Developed to Emerging Market

S&P Dow Jones Indices, said that Greece no longer classifies as a developed market. The general consensus among participants is that emerging market status is a more appropriate classification due to the following reasons: • The Greek equity market lags behind the advancements in market practices typical of other developed markets. • Dramatic and consistent […]

READ THE ORIGINAL POST AT greece.greekreporter.com