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Bailout

: Calculated Risk

S&P Downgrades Greece and Portugal

By Anonymous

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From MarketWatch: S&P cuts Greece ratings to junk status
Standard & Poor's said Tuesday it cut Greece's ratings to junk status. The ratings agency lowered the long-term sovereign credit rating on Greece to BB+ from BBB+. The outlook is negative.
From CNBC:
S&P downgraded its rating on Portugal's debt by two notches to A-minus.

Full post as published by Calculated Risk on April 27, 2010 (boomark / email).

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