Moody's cut Portugal's long-term government-bond rating even closer to junk grade and placed it on review for possible downgrade, citing heightened risks that the authorities will be unable to meet their ambitious deficit reduction targets.
WSJ.com: What's News US, Wall Street Journal
Tue, 04/05/2011 - 12:30am
Moody's cut Portugal's long-term government-bond rating even closer to junk grade and placed it on review for possible downgrade, citing heightened risks that the authorities will be unable to meet their ambitious deficit reduction targets.