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Feb 22, 2012 05:18
Category: General News
Category: General News
Greek Credit Downgraded....Again
ATHENS, Greece (AP) - Yet another blow to Greece's financial
solvency. A top credit rating service, Fitch, has downgraded
Greece's rating to junk status. It's fallen from triple-C to C.
Fitch says in the near term, a Greek default is "highly likely."
Athens says new deals struck with the European Union will allow it
to repay bonds maturing next month.

