Wednesday, March 16, 2011
Domino quietly drops
Moody’s downgrades Portugal
Moody’s downgraded the country’s long-term government bond rating from A1 to A3 with a negative outlook, implying the possibility of a further downgrade in the coming months.
Posted by dohousescrashinthewoods @ 07:59 AM (1034 views)
2 thoughts on “Domino quietly drops”
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alan says:
This site flagged the prognosis for downgrade last November, it became inevitable in February.
Good spot!
Rental John says:
During times of less media saturation {Japan, Libya, Bahrain, etc} this would have been flagged up higher in the news. ‘Quietly’ drops (topples) is a good comment… What now for Italy and Spain, now that they are at the head off the queue?
Here’s the ‘unsubscribed link’ at http://www.ft.com/cms/s/0/3aef7558-4f5e-11e0-8632-00144feab49a.html#axzz1GmFhUiUF