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EU Under Pressure as Standard & Poor's Slashes Greek Debt to Junk Status and Downgrades Portugal

The incredible, unfolding disaster in Europe continues to get worse, as Standard & Poor's announced they've cut the credit rating of Greece to junk status while downgrading Portugal two places from A+ to A-. Greece's long-term credit rating was slashed fr...
European Union (Apr 27th, 10)

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