Monday, June 20, 2011

There's Contagion in the Air

Moody's threat to downgrade Italian debt raises eurozone contagion fears

Moody's has threatened to cut Italy's credit ratings on concerns over a possible rise in eurozone interest rates may derail the country's fragile economic recovery, raising more fears of contagion from the Greek debt crisis.

http://www.telegraph.co.uk/finance/financialcrisis/8583534/Moodys-threat-to-downgrade-Italian-debt-raises-eurozone-contagion-fears.html

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