Wednesday, July 6, 2011

Gates of Vienna News Feed 7/6/2011

Greece is blaming the ratings agencies for their persistently gloomy view on the country’s risk of default. The Greek foreign minister considers the agencies’ evaluation “madness”. Meanwhile, Portugal has seen its rating drop again as analysts conclude that the country will most likely require another bailout. And Spain is talking up the likelihood that it will not need its full tranche of ECB

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