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View Full Version : Moody's Cuts Baltic Credit Ratings on Deep Recession - Bloomberg



NewsWhore
04-24-2009, 01:20 AM
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Moody&#39;s Cuts Baltic Credit Ratings on Deep Recession (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Da9xbkn6ZazME%26refer%3Deurope&cid=1339662781&ei=2E3xSZyrGpzYMNiZ_McE&usg=AFQjCNGlwu4zpaQJBBG3Aks5C1CGJkmB5Q)
Bloomberg
Lithuania&#39;s foreign and local currency ratings were cut to A3 from A2, while Moody&#39;s confirmed Estonia&#39;s A1 rating. All three countries have a negative outlook. “The depth and pace of the economic adjustment is much more severe than previously ...


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