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Dec 16, 2011

Credit Ratings Of European Countries: Dec 2011 Update

Since the last update on my blog at the end of September some countries have been downgraded. Belgium by S&P from AA+ to AA. Cyprus by Moody's and S&P. Italy by Moody's from Aa2 to A2 and Fitch from AA- to A+. Portugal by Fitch from BBB- to BB+ and Spain by all the three Credit Rating Agencies.

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