Belgium’s credit rating cut two notches by Moody’s.
Moody’s Investors Service cut the credit rating for Belgium by two steps yesterday. The rating agency cited high borrowing costs and fallout from the Dexia SA bank crisis as reasons for the downgrade. Belgium was lowered from a debt rating of AA1 to AA3 that follows a si [...]
Posts tagged moodys donwgrades belgium
Belgium’s credit rating cut two...
Belgium’s credit rating cut two notches by Moody’s.
Moody’s Investors Service cut the credit rating for Belgium by two steps yesterday. The rating agency cited high borrowing costs and fallout from the Dexia SA bank crisis as reasons for the downgrade. Belgium was lowered from a debt rating of AA1 to AA3 that follows a si [...]
