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Monday, June 13, 2011

Greece downgraded three further notches by S&P

Greece downgraded three further notches by S&P Greece has been downgraded three notches to triple C by Standard & Poor’s, just two notches above default, because of worries that a second bail-out will involve private creditors that would in turn lead to a ratings default.
For more on this breaking story , go to:
http://link.ft.com/r/6NPSBB/30652K/BM7X6L/JIWEM6/RNJ75V/GX/h?a1=2011&a2=6&a3=13

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