Eagan-Jones Downgrades Italy From BB to B+
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Eagan-Jones Downgrades Italy From BB to B+
Eagan-Jones downgrades Italy to B+
Lists possibility of Italian default in next year at 6%- On the heels of its downgrade of Spain earlier in the week to B from
BB-, Egan-Jones has dropped another Friday night bomb on the Euro-zone,
downgrading Italy to B+ from BB…meaning Moody’s, Fitch, & S&P
should be downgrading the majority of the Euro-zone in about another 2
weeks.
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