Iceland at risk of junk credit rating

Iceland risks having its credit rating downgraded to junk status if it fails to resolve the Icesave debt dispute with Britain and the Netherlands, the credit rating agency Moody’s warned on the 6 April 2010.

ESO: Background information: Reykjavik to seek fresh debt agreement http://www.europeansources.info/record/reykjavik-to-seek-fresh-debt-agreement/

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