MercoPress. South Atlantic News Agency
S&P Friday the 13th for Euro zone; nine countries suffer the rating scimitar
The worst-kept secret on Wall Street was officially confirmed after the close Friday, when Standard & Poor’s downgraded its sovereign debt rating on France to AA+ from AAA. Spain and Italy saw their ratings cut two notches, while Germany’s AAA rating was left unchanged. Read full article
Comments
Disclaimer & comment rulesall countries in theworld have DDD----FFF ratings.....!!
Jan 14th, 2012 - 11:23 am - Link - Report abuse 0UK=AAA
Jan 14th, 2012 - 12:32 pm - Link - Report abuse 0Argentina =?
An October 2011 rating from Fitch gave Argentina a B rating with the following comments: “Argentina’s sovereign rating is “heavily constrained by inconsistent” policies that have accelerated inflation and economic volatility” and also it was noted that “a credit rating of B from Fitch puts Argentina in the same category as Ukraine and Cameroon” although it may have perked up since then - or maybe not
Jan 14th, 2012 - 04:08 pm - Link - Report abuse 0Revised then
Jan 15th, 2012 - 12:09 am - Link - Report abuse 0UK=AAA
Argentina =B
she has a long way to go .
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!