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(Image from article: "Greek Default Fears Spoil The Fun And Send Global Equities Plummeting")

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Moody's downgrades France 1 notch on weak growth

Moody's Investors Service has downgraded France's government bond rating, citing the country's weak economic growth outlook and its exposure to Europe's economic crisis.

 

Greek Default Fears Spoil The Fun And Send Global Equities Plummeting

Greek Default Fears Spoil The Fun And Send Global Equities Plummeting

After a series of positive announcement from Greek FinMin Venizelos, rumors that Moody's would downgrade French banks and Germany was preparing for a Greece to default send equities tanking, particularly French banks.

 

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