Moody's downgrades Cyprus deeper into...

Moody's downgrades Cyprus deeper into junk

There are 3 comments on the KEYC Television, Mankato, MN story from Jan 10, 2013, titled Moody's downgrades Cyprus deeper into junk. In it, KEYC Television, Mankato, MN reports that:

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus - International credit rating agency Moody's drove Cyprus deeper into junk on Thursday with a three notch downgrade from B3 to Caa3 over concerns that the country may ultimately default on its burgeoning debt level.

Join the discussion below, or Read more at KEYC Television, Mankato, MN.

Nick the Greek

Aberdeen, UK

#1 Jan 11, 2013
The politicization of International finance serves only to integrate Europe ever tighter into a fiscal union.

Here, we see the same severe treatment from the ratings agencies that was dished out to Greece.

Greece and Cyprus shall integrate into Europes reformed financial institutions on the basis - there are no other safe alternatives.
Honest Greek

Wednesbury, UK

#2 Jan 11, 2013
Death by a thousand cuts
lololololoNICK

Memphis, TN

#3 Jan 11, 2013
Nick the Greek wrote:
The politicization of International finance serves only to integrate Europe ever tighter into a fiscal union.
Here, we see the same severe treatment from the ratings agencies that was dished out to Greece.
Greece and Cyprus shall integrate into Europes reformed financial institutions on the basis - there are no other safe alternatives.
moodys just want to keep their jobs ..........so they dont downgrade themselves for been a waste of money of useles unnecessary jobs..........

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