Wednesday 15 February 2012

European credit downgrades

Moody's downgrades EU countries amidst Greek riots
RT
On Tuesday the European Union received another blow after Moody's downgraded the debt ratings of six Eurozone countries. Portugal, Italy and Spain received the downgrade, while tens of thousands of Greeks took to the streets to demonstrate their dissatisfaction with their government's decision to grant another round of austerity measures. Here is the latest from Greece.






Credit agency warns British government

al Jazeera

Moody's slaps negative outlook on Britain's triple-A rating, saying eurozone crisis is intertwinned the country's fortunes.




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