Germany’s AAA credit rating on ‘negative outlook’

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Germany’s AAA credit rating on ‘negative outlook’

BBC – Credit ratings agency Moody’s has changed its outlook for Germany’s AAA credit rating to negative, the first step towards a possible downgrade. Moody’s said the country was at risk from the increased likelihood of a Greek exit from the euro and the need to provide more support to Spain. Concerns are growing that Spain will have to seek a full bailout. Related article

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