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Chapter 746 Greece's relegation (2)
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... Moody's lowered the long-term senior unsecured bond rating of Greek sovereign bonds from Aa1 to Baa1, only one step away from being reduced to junk status. At the same time, Moody's declared that it would not rule out including Greek bonds in the re-evaluation list that may be further downgraded.
Fitch lowered Greece's sovereign credit rating from A- to BBB-, just one step away from the junk level, and the rating outlook is "negative", which means that, like Moody's, the possibility of fu ...
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