Showing Archived Posts

  • Page 2 of 2
  • <
  • 1
  • 2

Moody’s Cuts Portuguese Credit Rating to Junk Status

Posted July 5th, 2011 at 5:05 pm (UTC-5)
Leave a comment

Moody’s credit rating service has cut Portugal’s rating to junk status and says the outlook for the country is negative. This means that according to Moody’s, Portuguese government bonds are a high-risk investment. The agency says there are heightened concerns that Portugal may not be able to fully achieve the spending cuts, tax hikes and […]

Tags: , , Posted in Europe
  • Page 2 of 2
  • <
  • 1
  • 2

Calendar

November 2021
M T W T F S S
« Jan    
1234567
891011121314
15161718192021
22232425262728
2930  

Archives

Categories