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Tag Archives: Italy Downgrade
Egan-Jones Cuts Italy To Double-B From Double-B-Plus
Egan-Jones Ratings Co. cut the sovereign debt rating of Italy to double-B from double-B-plus, the company confirmed Monday. The downgrade came as Italian bond yields have soared in recent weeks, which could have long-term repercussions on the country’s ability to … Continue reading
Posted in Editorial, Financial
Tagged Italy, Italy Downgrade, NC Renegade
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European Union Credit Rating Collapse
Moody’s cuts Spain by 2 notches, sees funding risks Moody’s Investors Service on Tuesday cut Spain’s sovereign ratings by two notches, saying high levels of debt in the banking and corporate sectors leave the country vulnerable to funding stress. Worsening … Continue reading
Posted in Editorial, Financial
Tagged Economic Collapse, European Union, Greek Downgrade, Italy Downgrade, NC Renegade, Soros, Spain Downgrade
Comments Off on European Union Credit Rating Collapse