Monday, May 23, 2011

Fitch Downgrades Its Outlook On Belgium's Debt As Crisis Spreads From PIIGS To Core

"Fitch just downgraded its outlook on Belgium debt, from negative to stable, according to Bloomberg.
The outlook downgrade comes as European debt markets are being rattled by negative news on Italy, and continued concerns over Greece.

Belgium has been without a government for nearly year.

The euro isn't really reacting to the news..."

at http://www.businessinsider.com/belgium-fitch-outlook-2011-5?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29#ixzz1NCexmzBu

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