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Moody’s warns on Germany’s AAA credit rating
BBC – Credit ratings agency Moody’s has warned the outlook for Germany’s AAA credit rating is negative, the first step towards a possible downgrade. The ratings for the eurozone’s other top-rated economies the Netherlands and Luxembourg were also put on negative outlooks. Moody’s said the countries were at risk from wider eurozone troubles and a possible Greek exit from the euro. France and Austria lost their AAA ratings earlier this year. Read Article
Tags: debt wealth, Europe, financial system
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