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Fitch downgrades 5 Greek banks, including National Bank of Greece, to CCC from B- following an...

Fitch downgrades 5 Greek banks, including National Bank of Greece, to CCC from B- following an earlier downgrade of the sovereign to CCC. "An exit of Greece from EMU ... could be followed by a withdrawal of international support," and widespread private sector (in addition to public sector) defaults.
Comments (1)
  • Peter Schmotzer
    , contributor
    Comments (73) | Send Message
     
    Default is inevitable imo. Get it over-with and move on.

     

    The setting of the sun will not be delayed.
    18 May 2012, 10:01 PM Reply Like
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