# downgrade - Today’s News
4000 eggs, anyone?
# downgrade - Tuesday 30 June, 2015
Greece is finally heading for a default on its IMF loans.
# downgrade - Wednesday 10 June, 2015
The closure will create additional risks and be more costly, said the POA.
# downgrade - Tuesday 20 May, 2014
The health minister said the department would only close if it was there was capacity elsewhere in the system.
# downgrade - Wednesday 18 December, 2013
The investment service said the results of the stress test that will be undertaken by the ECB next year are “difficult to anticipate”.
# downgrade - Saturday 1 December, 2012
# downgrade - Saturday 3 November, 2012
Proposals outlined this week could see the hospital’s structure broken up and aligned with Cork University Hospital.
# downgrade - Tuesday 26 June, 2012
Banks downgraded last night include one of the eurozone’s biggest – Banco Santander.
# downgrade - Thursday 14 June, 2012
Moody’s downgraded Spanish debt to within one notch of ‘junk’ status yesterday.
# downgrade - Monday 30 April, 2012
# downgrade - Friday 27 April, 2012
Almost one quarter of the workforce is unemployed, according to the latest figures out today.
# downgrade - Thursday 15 March, 2012
The nation has held onto its AAA rating but has been warned it could lose its top rating if cut-backs are eased.
# downgrade - Tuesday 28 February, 2012
The ratings agency demonstrates it can read, by officially acknowledging that Greece’s bond-swap is a ‘selective default’.
# downgrade - Tuesday 14 February, 2012
What downgrade? Italy flogs billions in 12-year bonds with interest rates falling dramatically on a similar bond last month.
France and the UK were both warned that they could lose their coveted AAA credit rating.
# downgrade - Monday 13 February, 2012
# downgrade - Tuesday 17 January, 2012
The EFSF sells six-month bills with an average interest rate of 0.2664 per cent – despite being downgraded yesterday.
Spain sees the interest rate for 12-month bonds fall significantly, while Belgium has mixed results in an auction of its own.
# downgrade - Monday 16 January, 2012
Standard & Poor’s downgrades the European Financial Stability Fund, meaning our future loans will probably cost us more.
After slowly winding down its programme of hoovering up eurozone debt, the ECB was called back into action in a big way.
The ratings agency said it doesn’t believe European leaders are doing enough to tackle the ongoing crisis.
# downgrade - Sunday 15 January, 2012
The US-based credit rating agency has defended its decision after a sharp European backlash yesterday against its move to downgrade nine EU countries.
# downgrade - Saturday 14 January, 2012
# downgrade - Friday 13 January, 2012
In tonight’s fix: Downgrades for France – and difficulty for us? Plus: yet more rows over septic tanks, victory for workers at La Senza, and every presentation you’ve ever seen…
# downgrade - Thursday 29 December, 2011
2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.
# downgrade - Monday 12 December, 2011
# downgrade - Friday 9 December, 2011
The ratings agency says the ongoing euro crisis means the eurozone is a “fragile operating environment for European banks” at the moment.
# downgrade - Wednesday 19 October, 2011
# downgrade - Friday 7 October, 2011
Twelve banks in the UK and nine in Portugal have been downgraded after Moody’s reassessed the financial institutions’ support environment.
# downgrade - Tuesday 20 September, 2011
# downgrade - Tuesday 23 August, 2011
Deven Sharma, the president of Standard & Poor’s, will step down within a month after facing criticism for lowering the US’s rating.
# downgrade - Tuesday 16 August, 2011
# downgrade - Saturday 13 August, 2011
# downgrade - Friday 12 August, 2011
The Securities and Exchange Commission is reportedly asking Standard & Poor’s to account for anyone who knew about the US downgrade.
# downgrade - Monday 8 August, 2011
The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.
The US bond market responds brilliantly to the S&P downgrade, but the world’s stock markets are the obvious victims.