Friday, December 7, 2012

Greece Downgraded to 'Selective Default' by S&P

Greece Downgraded to 'Selective Default' by S&P: Share on facebook Share on twitter Share on email Share on print More Sharing Services

Greece Downgraded to 'Selective Default' by S&P

News Link • Economy - International
Greece Downgraded to 'Selective Default' by S&P

12-05-2012 • Reuters

Standard & Poor's on Wednesday cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating.

Last week Greece and its international lenders reached a deal to lower the country's debt burden, which included a debt buyback.


Read Full Story

No comments:

Post a Comment