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Moody's negative on Germany

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Moody's negative on Germany

E
euronews (in English)

4 Views • Jul 24, 2012

Description

Europe's debt crisis is starting to cast wider shadows as the rating agency Moody's changed its outlook for Germany from stable to negative - a first move towards downgrading Berlin's cherished AAA credit status.

Moody's blamed an increased chance that Greece could leave the eurozone which would set off a very costly "chain of financial sector shocks:

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http://www.euronews.net/