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Profile: Fitch Ratings

Fitch Ratings was a participant or observer in the following events:

December 8, 2009: Fitch Cuts Greece’s Rating

Fitch Ratings cuts its assessment of Greek government debt to BBB+ and says that the outlook for the country is negative. Fitch had previously cut its rating for the debt to A-, when the Greek government revealed that its budget deficit was higher than expected. This reduction is the first time in 10 years a ratings agency has put Greece below the A investment grade. [Reuters, 3/3/2010]

Entity Tags: Fitch Ratings

Timeline Tags: Global Economic Crises

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