Fitch Ratings drops 5 scores in eurozone
January 27th, 2012 by InvestorPoint
MADRID, Jan. 27 (UPI) -- Fitch Ratings said Friday it has lowered the credit scores for five countries in Europe, all members of the eurozone. The downgrades included lowering Spain's rating from AA- to A and cutting Belgium from AA+ to AA. Italy was dropped from A+ to A-, while Slovenia's rating fell from AA- to A. Cyprus' rating also was cut a notch, a slide from BBB to BBB-. The Wall Street Journal reported the euro slipped quickly after the rating changes were announced, but it fought its way ...continued- No Comments »
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