Credit Ratings
the story:
Sept. 21 (Bloomberg)
". . . Italy’s rating was lowered yesterday by one level on concern that weakening economic growth and a “fragile” government mean the nation will struggle to reduce the euro- region’s second-largest debt burden. Italy was lowered to A from A+ with a negative outlook four months after the company warned of the risk of a downgrade. S&P today cut the creditworthiness of state-owned lender Cassa Depositi e Prestiti. . . Italy follows Spain, Ireland, Portugal, Cyprus and Greece as euro-region countries whose credit rating have been cut this year" -more
Labels: credit rating, Cyprus, economic crisis, Economy, Euro, Greece, Ireland, Italy, Portugal, Recession, Spain
4 Comments:
Meanwhile:
S&P raises Israel's credit rating from A to A+
http://www.jpost.com/Business/BusinessNews/Article.aspx?id=237342
YEAH!
suzanne
vulgar play on words.
come on, you can do better :P
Brilliant !
Check this out.
Sand Performance mocks 9-11.
http://www.youtube.com/watch?v=InQtXSOriLQ
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