Additional Financial Support Beyond 2013 Needed to Restore Greek Solvency
Restoring Greece to solvency will require additional financial support beyond the end of the current EUR110bn program expiring in in 2013, says Fitch Ratings. Following its downgrade of Greece’s sovereign ratings from ‘BB+’ to ‘B+’ and the placement of the ratings on Rating Watch Negative (RWN) on 20 May 2011, Fitch has published [...]
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