S&P Kicks Greece to World’s Lowest Credit Rating

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Standard & Poor’s knocked Greece down a whopping three notches in its latest credit rating today, saying a default was “increasingly likely.” Greece’s new rating—CCC—is the lowest of any country in the world, standing just four steps above default, Reuters reports. What’s worse, the agency said its outlook…

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S&P Kicks Greece to World’s Lowest Credit Rating

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Posted by on June 13, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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