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View Full Version : Belgium Reaches 2012 Budget Deal After Credit Rating Lowered to AA by S&P - Bloomberg



NewsWhore
11-26-2011, 09:50 AM
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Belgium Reaches 2012 Budget Deal After Credit Rating Lowered to AA by S&P (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFDbt9Zd7TRu9gj2AGDUrpf-zCTKQ&url=http://www.bloomberg.com/news/2011-11-26/belgium-reaches-2012-budget-deal-after-credit-rating-lowered-to-aa-by-s-p.html)
Bloomberg
The action by S&P is the first downgrade for Belgium in almost 13 years and puts its credit ranking on a par with the S&P local- currency ratings of the Czech Republic, Kuwait and Chile. Belgium follows Slovenia, Spain, Italy, Ireland, Portugal, ...

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