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Tuesday, July 12, 2011
BREAKING NEWS: Moody’s Cuts Ireland Rating To ‘Junk’ Status
Moody’s on Tuesday lowered its bond ratings on Ireland by one notch, to Ba1 from Baa3, into junk territory. The ratings firm said Ireland is likely to need more financing from the EU and IMF before it can tap private markets again.
1 comment:
With the US soon to join them?
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