Fitch cuts ratings of five eurozone countries

Author (Person)
Series Title
Series Details 28.1.12
Publication Date 28/01/2012
Content Type

Fitch Ratings cut the sovereign credit ratings of Italy, Spain, Belgium, Slovenia and Cyprus on the 27 January 2012 and indicated the possibility of further cuts.

The rating agency said that the countries were vulnerable and lacked flexibility in the near-term to handle financial shocks stemming from the eurozone debt crisis.

Related Links
BBC News, 27.1.12: Fitch cuts ratings of five eurozone countries http://www.bbc.co.uk/news/business-16769449

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