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Moody's warns Greek default almost certain

By: Yossel in FOREIGN SCENE | Recommend this post (0)
Mon, 25 Jul 11 3:00 PM | 91 view(s)
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Msg. 02135 of 02299
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Moody's warns Greek default almost certain

NewsAnalysis: France weakest link in the euro's AAA chain

6:47am EDTAnalysis & Opinion

Banks escape Greece with a minor trim

Debt ceiling update: What Wall Street thinks is happening

ATHENS (Reuters) - Moody's cut Greece's credit rating further into junk territory on Monday and said it was almost certain to slap a default tag on its debt as a result of a new EU rescue package.

A beggar is seen on a street in central Athens December 1, 2010.

Credit: Reuters/Yannis Behrakis

Ingrid Melander and George Georgiopoulos

ATHENS
Mon Jul 25, 2011 6:47am EDT

link-
http://www.reuters.com/article/2011/07/25/us-markets-ratings-greece-idUSTRE76O0I420110725

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