The inevitable ratings cuts begin
Rating cut with a negative outlook.
That's one notch below Moody's and Fitch.
On the upside, you can get 15% on a Greek 10-year bond. On the downside, you'll be getting repaid in drachmas.
Rating cut with a negative outlook.
That's one notch below Moody's and Fitch.
On the upside, you can get 15% on a Greek 10-year bond. On the downside, you'll be getting repaid in drachmas.