Slovenia is downgraded to junk status by Moody's which cuts the country's rating to Ba1 from...

|By:, SA News Editor

Slovenia is downgraded to junk status by Moody's which cuts the country's rating to Ba1 from Baa2. The outlook remains negative. The country earlier today suspended a bond offering due to a potential rating announcement. With Cyprus taken care of, Slovenia is often described as next in line for a rescue.