New blow to the economy by Fitch
New blow to the economy by Fitch
Fitch proceeded to downgrade Greece's credit rating to CCC from B-. As mentioned, the downgrade of the country’s...
UPD:
Fitch proceeded to downgrade Greece's credit rating to CCC from B-. As mentioned, the downgrade of the country’s rating reflects the increased risk that Greece cannot maintain its participation in the Eurozone.
In particular, it notes that the percentages of strong political parties that oppose the policies of austerity in the elections of May 6th and the subsequent failure to form a government demonstrate the lack of popular and political support for the memorandum.
In particular, it notes that the percentages of strong political parties that oppose the policies of austerity in the elections of May 6th and the subsequent failure to form a government demonstrate the lack of popular and political support for the memorandum.
UPD:
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