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Wednesday, April 15, 2015

Standard & Poor’s downgrades Greece from B- to CCC+, outlook “negative”

Standard & Poor’s Ratings Services cut its credit ratings on Greece, saying it expects the country’s debt and financial commitments to be unsustainable without deep economic reform. The credit rater, which lowered its ratings by one notch to triple-C-plus, added that the outlook is negative given the risk of liquidity […]


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