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Standard & Poor’s

World news about “Standard & Poor’s” published by euronews.

10/06 22:42 CET

S&P lowers rating on Greece to CCC from CCC+

S&P lowers rating on Greece to CCC from CCC+

Standard and Poor’s lowered its long-term sovereign credit rating on Greece to “CCC” from “CCC positive”, saying the government would likely default on its commercial debt in the next 12 months in the absence of an agreement with creditors. The…