And The Euro Downgrade Hits Just Keep On Coming, This Time Fitch

Friday, December 16, 2011
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/16/2011

Never a dull Friday when dealing with continents that have a terminal solvency, pardon, liquidity crisis.

FITCH PLACES BELGIUM, SPAIN, ITALY, IRELAND, SLOVENIA AND CYPRUS ON RATING WATCH NEGATIVE
Shockingly, French-owned Fitch has nothing to say about… France.

Full statement:

FITCH PLACES BELGIUM, SPAIN, SLOVENIA, ITALY, IRELAND AND CYPRUS ON RATING WATCH NEGATIVE

Fitch Ratings-London-16 December 2011: Fitch Ratings-London-16 December 2011:
Fitch Ratings has placed the ratings of all investment grade rated eurozone sovereigns and their debt with Negative Outlook onto Rating Watch Negative (RWN). The euro area country ceiling of ‘AAA’ is unaffected. The rating actions are as follows:

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter