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View Full Version : Greece Ratings Cut by Moody's - Bloomberg



NewsWhore
03-03-2012, 12:30 PM
Greece Ratings Cut by Moody's (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHrNc7jUAI3dETvPsmTWEXRlblmig&url=http://www.bloomberg.com/news/2012-03-02/greece-ratings-cut-by-moody-s.html)
Bloomberg
Greece's long-term foreign currency debt was downgraded to C from Ca late yesterday, with Moody's saying in a statement that investors who participate in the nation's debt exchange will get about 70 percent less than the face value of their holdings.

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