NewsWhore
05-28-2012, 10:10 AM
Euro Re-Denomination Would Trigger Debt Defaults, Fitch Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHRKTW-BqTx5xquXPn-K-LQHCYUFQ&url=http://www.bloomberg.com/news/2012-05-28/euro-re-denomination-would-trigger-debt-defaults-fitch-says-1-.html)
Bloomberg
A currency re-denomination for any euro nation would lead to “multi-category” downgrades for companies and some may voluntarily decide to default, according to Fitch Ratings. While companies that regularly sell debt may find that servicing outstanding ...
and more » (http://news.google.com/news/more?ned=us&ncl=dOQoE7CBkAdMc0M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHRKTW-BqTx5xquXPn-K-LQHCYUFQ&url=http://www.bloomberg.com/news/2012-05-28/euro-re-denomination-would-trigger-debt-defaults-fitch-says-1-.html)
Bloomberg
A currency re-denomination for any euro nation would lead to “multi-category” downgrades for companies and some may voluntarily decide to default, according to Fitch Ratings. While companies that regularly sell debt may find that servicing outstanding ...
and more » (http://news.google.com/news/more?ned=us&ncl=dOQoE7CBkAdMc0M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHRKTW-BqTx5xquXPn-K-LQHCYUFQ&url=http://www.bloomberg.com/news/2012-05-28/euro-re-denomination-would-trigger-debt-defaults-fitch-says-1-.html)