Monday, June 14, 2010

Moody's slashes Greece to 'Ba1' from 'A3'

"Moody's Investors Service on Monday downgraded Greece's government bond ratings by four notches to junk status of Ba1 from A3, reflecting its view of the country's medium-term credit fundamentals. "The Ba1 rating reflects our analysis of the balance of the strengths and risks associated with the Eurozone/IMF support package."

at  http://www.marketwatch.com/story/moodys-slashes-greece-to-ba1-from-a3-2010-06-14-1314390

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