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Moody's downgrade tips Greece closer to brink

Moody's downgrade tips Greece closer to brink

Moody's slashed Greece's credit rating by three notches on Monday, raising the specter that the distressed euro zone sovereign may be forced to restructure its debt, perhaps even before 2013.

 

Moody's Cuts BP Credit Ratings

Move echoes that of Fitch Ratings earlier in the week.

 

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