Direct Capital

Fri, 27 Jan 2012 19:52:49 GMT

Agency cuts states' credit ratings
Belfast Telegraph
US ratings agency Fitch has said it is downgrading the credit ratings of five countries that use the euro, including economic heavyweights Italy and Spain. Fitch said the downgraded countries - also including Belgium, Cyprus and Slovenia - faced ...

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Fri, 27 Jan 2012 19:51:57 GMT

Fitch Cuts Italian, Spanish Ratings by Two Notches on Crisis
BusinessWeek
27 (Bloomberg) -- Fitch Ratings cut the credit ratings of Italy, Spain and three other euro-area countries, saying they lack financing flexibility in the face of the regional debt crisis. Italy, the euro area's third-largest economy, was cut two levels ...

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