Moody's Cuts Greek Debt Rating Further

BY NATASHA BRERETON-FUKUI SINGAPORE—Moody's Investors Service Monday slashed the Greek government's debt ratings <a href="http://www.theapparelend.com/women-shirts-christian-audigier-c-1141_1167.html"><strong>CA t-shirts</strong></a> three notches deeper into junk territory, warning that the nation's newest bailout <a href="http://www.theapparelend.com/sport-clothes-nhl-jerseys-c-997_1130.html"><strong>men hokey jerseys</strong></a> deal implies a temporary sovereign default and sets a bad precedent in the 17-country euro zone. European Union leaders last week agreed to another €109 billion <a href="http://www.theapparelend.com/women-bikinis-sinful-c-1070_1080.html"><strong>sinful women clothes</strong></a> (156.5 billion) in official financing for Greece, combined with €37 billion from the private sector to roll over maturing debt. Moody's said Monday the program indicated <a href="http://mattresspro.mattresshotline.com/newthread.php?do=newthread&f=2"><strong>A Look At Leather Jackets For Women.</strong></a> that the likelihood of a distressed debt exchange and a default on Greek government bonds was virtually 100%. The ratings agency raised the likelihood that private ...