- WND - http://www.wnd.com -
5 EU nations to be downgraded by S&P
Posted By -NO AUTHOR- On 01/13/2012 @ 5:30 pm In Front Page,Money,World | No Comments
Standard & Poor’s will cut the credit ratings of Italy, Spain and Portugal by two notches and downgrade France and Austria by one notch, a French newspaper said Friday, without citing its sources.
The newspaper, Les Echos, said that S&P would spare Germany, the Netherlands, Finland and Luxembourg in its long-awaited adjustment of euro zone sovereign ratings.
Article printed from WND: http://www.wnd.com
URL to article: http://www.wnd.com/2012/01/5-eu-nations-to-be-downgraded-by-sp/
© Copyright 1997-2013. All Rights Reserved. WND.com.