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Moody's cuts Ireland to junk, warns of second bailout

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Wed, 13 Jul 11 2:12 AM | 17 view(s)
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Moody's cuts Ireland to junk, warns of second bailout

NEW YORK (Reuters) - Moody's Investors Service on Tuesday cut Ireland's credit rating to junk status, saying the country will likely need further official financing before it can return to international capital markets.

Credit: Reuters/Cathal McNaughton
Daniel Bases and Walter Brandimarte

NEW YORK
Tue Jul 12, 2011 5:07pm EDT

link-
http://www.reuters.com/article/2011/07/12/us-ireland-ratings-moodys-idUSTRE76B6A720110712




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