Community | March 24, 2010 | 0 comments

Portugal Credit Downgrade Gives Us P-G in Global Game of PIIGS

source: http://wallstcheatsheet.com/breaking-news/economy/portugal-credit-downgrade-gives-us-p-g-in-...

WallStCheatSheet
Looks like the NCAA Tournament is not the only basketball game in town. Credit rating agency Fitch recently downgraded Portugal’s credit one level to AA- from AA. That gives us P-G in the global game of PIIGS (Portugal, Italy, Ireland, Greece, and Spain).

http://wallstcheatsheet.com/breaking-news/economy/portugal-credit-downgrade-give.../
  1. groups:
    Community
  2. tags:
    Debt,  Credit,  Portugal
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