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Blog Archive ? France Likely to Lose Top Rating in Stressed Economic Scenario, S -- expats
| Blog Archive ? France Likely to Lose Top Rating in Stressed Economic Scenario, S 21-Oct (Bloomberg) - France is among euro-region sovereigns likely to be downgraded in a stressed economic scenario, according to Standard & Poor's. The sovereign ratings of Spain, Italy, Ireland and Portugal would also be reduced by another one or two levels in either of New York-based S&P's two stress scenarios, the ratings firm said in a report dated today. These assume low economic growth and a double-dip recession in the first set of circumstances, and add an interest-rate shock.The above is a snippet from a post in the USAGOLD News and Views RSS Feed. The link below is for the full post: |
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