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Moody's Cuts Greece

Posted by Aadil on June 14, 2010 at 5:42pm

By ITMS News on June 14th, 2010 1:16pm Eastern Time (MarketWatch) -- Moody's Investors Service on Monday downgraded Greece's government bond ratings by four notches to junk status of Ba1 from A3, reflecting its view of the country's medium-term credit fundamentals.

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