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Moody's downgrades Greece on higher debt restructuring risks

Business Materials 2 June 2011 01:42 (UTC +04:00)
Moody's downgrades Greece on higher debt restructuring risks
Moody's downgrades Greece on higher debt restructuring risks

Moody's Investors Service announced on Wednesday that it downgraded Greece's local and foreign currency bond ratings to Caa1 from B1 due to higher debt restructuring risks, Xinhua reported.

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