sp cuts greece rating after referendum called
Last Updated : GMT 09:07:40
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Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

S&P cuts Greece rating after referendum called

Egypt Today, egypt today

Egypt Today, egypt today S&P cuts Greece rating after referendum called

Standard & Poor
Washington - Arab Today

Standard & Poor's downgraded Greece's credit rating deeper into junk territory on Monday, saying the government's decision to hold a referendum brought it closer to an exit of the eurozone.

"We interpret Greece's decision to hold a referendum on official creditors' loan proposals as a further indication that the Tsipras government will prioritize domestic politics over financial and economic stability, commercial debt payments, and eurozone membership," said S&P, cutting the rating to 'CCC-' from 'CCC'.

 

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sp cuts greece rating after referendum called sp cuts greece rating after referendum called



 
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