junk status
# junk-status - Friday 13 July, 2012
Moody’s downgrades Italy by two notches
The credit rating agency has downgraded the third largest eurozone economy just hours ahead of its latest bond sale.
# junk-status - Monday 5 March, 2012
Moody’s expects Ireland to require partial second bailout
The only ratings agency to rank Ireland at ‘junk’ status says Ireland will have difficulty getting back to the markets.
# junk-status - Friday 6 January, 2012
Fitch ratings agency downgrades Hungary to junk status
The agency also said there was a more than 50 per cent chance of another downgrade within two years.
# junk-status - Thursday 29 December, 2011
Recessions, downgrades and Super Mario – 2011: the year in money
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.
# junk-status - Wednesday 13 July, 2011
European Commission slams “incomprehensible” Moody’s downgrade
Jose Manuel Barroso’s spokesman says the Commission can’t understand why Moody’s is taking such a dim view.
Poll: Who do you believe… Moody’s or Michael Noonan?
The credit rating agency says Ireland will probably need a second bailout, while the Department of Finance says the economic plan is on track. Who to believe?…
Irish bond prices rocket – again – on ‘junk’ downgrade
If Ireland borrowed for two years, it would have to pay 18.6 per cent interest – 14 times what Germany would.
The 9 at 9: Wednesday
Nine things to know this morning…
Department of Finance ‘disappointed’ by Ireland’s junk status
Moody’s decision to downgrade appears to indicate we’ll need a second bailout.
# junk-status - Tuesday 5 July, 2011
Moody’s downgrades Portugal to junk
Fears of a second bailout mean the outlook on Portuguese debt isn’t so good…
# junk-status - Friday 15 April, 2011
Ireland’s credit rating cut again to the same level as Iceland, Tunisia, and Romania
Ireland’s rating is one notch off junk status after the latest forecast by Moody’s which doesn’t offer much hope for the future.
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