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View Full Version : Euro Touches 4-Month Low After Fitch Downgrades Greece - Bloomberg



NewsWhore
05-17-2012, 08:00 PM
Euro Touches 4-Month Low After Fitch Downgrades Greece (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF3tspD1-8-yheFsu57JeNGlxxdSQ&url=http://www.bloomberg.com/news/2012-05-17/euro-touches-4-month-low-after-fitch-downgrades-greece.html)
Bloomberg
The 17-nation currency weakened versus most of its 16 major counterparts after Fitch Ratings downgraded Greece's long-term credit rating to CCC from B-, citing heightened risk that the nation may not be able to sustain membership in the monetary union.

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