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GREECE CREDIT RATING
France heading the Greece way? Rating downgraded again, third hit in a month - economy faces full-blown credit crisisFrance is in trouble. Its credit rating fell for the third time this month. S&P cut it to A+ as debt climbs toward 121% of GDP. Political d...- S&P returns Greece's credit rating to investment grade"Since the debt crisis in 2009-2015, significant progress has been made in addressing Greece's economic and fiscal imbalances," it added.
- How Pakistan is affected by Greece defaultPakistan will have to share a slice of the burden in the case of a 'permanent default' of Greece — a possibility though not entirely unlike...
- Greece crisis poses risk to Eurozone economic recovery: FitchRating agency Fitch today said the crisis in Greece poses a risk to the economic recovery in Eurozone.
- Indian markets as attractive today as they were 18 months ago: Jim Walker, Asianomics Group"Indian stocks' valuations look stretched only from a a short-term perspective. From a 5-10 years view, Indian equities are incredibly chea...
- Greece gets a credit rating boost after debt buybackGreek bonds had the best performance among 26 markets tracked by indexes from the European Federation of Financial Analyst Societies.
- Citigroup to close nearly half of branch network in GreeceCitigroup Inc is to shut almost half its branch network in Greece, where retail banking activity has dried up because of the country's debt...
- S&P downgrades Greece credit rating to 'selective default'Standard & Poor's has downgraded the sovereign ratings of Greece to "selective default", citing the crisis-hit nation's move towards "distr...
- Moody's may cut ratings of BNP Paribas & other big French banksBNP Paribas, France's biggest bank, and rivals Societe Generale and Credit Agricole may have their credit ratings cut by Moody's Investors ...
- Oil prices below $75 in Asian tradeOil fell below $75 in volatile Asian trade on Tuesday as Greece's credit standing suffered another knock, which offset positive European in...
- Greece gets first $18 bn bailout package from EULoans are part of an overall rescue package of 110 billion euros to be dispensed to Greece by EU & IMF over the next 3 years. Gainers & los...
- Europe faces debt contagion fearThe euro slid further amid fears that Greece's debt crisis would spread across the continent, after a ratings agency warned that contagion ...
- ECB also stands by Greece, waives collateral normsThe European Central Bank joined the international rescue of Greece, saying it would indefinitely accept the country’s debt as collateral r...
- Greece bailout will help Spain: GovernmentThe EU and IMF bailout for debt-ridden Greece will have a positive effect on Spain as it will lower the cost of its debt and calm the marke...
- ECB suspends credit rating threshold for GreeceThe European Central Bank says it is suspending its rating limits on Greek debt until further notice.
- Greek PM says more cuts needed for survivalFacing a dire choice of additional pain or bankruptcy, Greece on Friday heralded drastic new cuts and tax increases to win rescue loans fro...
- S&P downgrades debt rating of SpainStandard and Poor's said it has lowered the debt rating of Spain, citing a possible further deterioration of its budgetary position.
- EU vows 'rapid' treatment of Greek aid demandThe European Commission vowed on Friday that euro countries and the IMF will give "rapid" treatment to debt-stricken Greece's groundbreakin...
- EU to rescue Greece as Fitch downgrades debtEuropean Union officials said they are ready to rescue Greece, if needed as Fitch Ratings cut the country’s credit rating to the lowest inv...
- European Central Bank set to keep rates unchangedThe European Central Bank is set to indicate that borrowing costs will remain low for much, if not all, of this year as the recovery from r...
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