Fitch Cuts Greek Debt Rating To B+ From BB+, Outlook Negativ
Fitch Ratings on Friday downgraded Greece’s sovereign debt rating to B+ from BB+ and put the nation’s debt on “rating watch negative.”Fitch said in an e-mailed statement, commenting on the downgrade; “The rating downgrade reflects the scale of the challenge facing Greece in implementing a radical fiscal and structural reform program necessary to secure solvency [...]
This article ( Fitch Cuts Greek Debt Rating To B+ From BB+, Outlook Negativ ) was originally developed by and is property of American Banking News . Checkout American Banking News for up-to-date banking news and peer to peer lending news.
View full post on All Stories
