Another day, another country looks to be heading towards bankruptcy.
Greece was last night downgraded by ratings agency Fitch from A- to BBB+ and was placed on negative credit watch. That means there could be more downgrades to come.
The Greek budget deficit is currently 12% of GDP.
December 9th, 2009 | Murray Dawes | 3 comments | Continued
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| All Ordinaries | 4318.900 | ||
| S&p/asx 200 | 4242.800 | ||
| China Shanghai Co | 2339.735 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 9054.75 | ||
| Indu | 0.00 | ||
| S&P 500 | 1351.77 | ||
| Ftse 100 | 5905.70 |
