NEWS and REPORTS => World News => Topic started by: newswarrior on Jan 17, 2012, 01:02 PM
Title: S&P downgrades euro zone rescue fund
(Reuters)
Post by: newswarrior on Jan 17, 2012, 01:02 PM
Reuters - U.S. rating agency Standard & Poor's cut its credit rating of the euro zone's EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default.