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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
SAN FRANCISCO (MarketWatch)
Moody's Investors Service said late Wednesday
that it downgraded the sovereign-debt rating for Cyprus to Ba3 from Ba1, and
placed the rating on review for further downgrades
The ratings agency cited a
higher likelihood that Greece may exit the euro zone as being key in the
downgrade, given the exposure of Cyprus and its banks to the country
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