The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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sábado, 19 de mayo de 2012

Fitch cuts Greece banks following latest downgrade

Fitch Ratings on Friday lowered it rating on five Greek banks closer to default territory, pointing to its two-notch downgrade earlier this week on the debt-ravaged nation
The ratings firm on Thursday cut its ratings on Greece by two notches to triple-C, citing an increased risk that Greece may exit the European Union's Economic and Monetary Union
Fitch's downgrade on the five Greek banks also leaves the group with a triple-C rating, which is in highly speculative territory

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