Moody’s Takes An Axe To Italy’s Debt Rating On Contagion Fears
- Thursday, July 12, 2012, 23:43
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Moody’s lowered Italy’s government bond rating by two notches Thursday evening, citing the rising likelihood that the worsening plights of Greece and Spain could increase the country’s funding costs or lead to the loss of market access.
http://www.forbes.com/sites/jeremybogaisky/2012/07/12/moodys-takes-an-axe-to-italys-debt-rating-on-contagion-fears/
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