Standard & Poor's, Greek Debt | featured news

Moody's Downgrades Greek Debt to Junk

Moody's Investors Service downgraded Greek debt by four notches to junk status. It follows Standard & Poor's, which put the debt-laden country in the speculative-grade camp almost seven weeks ago.

 

Debt Ratings Are Lowered for Portugal and Greece

Debt Ratings Are Lowered for Portugal and Greece

The move by Standard & Poor’s on Tuesday deepened Europe’s debt crisis, and investors sold off government bonds amid fears of a default.

 

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