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  1. 03-24-2010, 07:18 PM #1
    AirborneSapper7
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    Portugal Downgraded to AA- by FITCH on Concern Over Debt

    Portugal’s Debt Rating Lowered by Fitch on Finances (Update3)

    By Matthew Brown

    March 24 (Bloomberg) -- Portugal’s credit grade was cut by Fitch Ratings for the first time, underscoring growing concern that Europe’s weakest economies will struggle to meet their debt commitments as finances deteriorate.

    The rating was lowered one step to AA- with a “negativeâ€
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  2. 03-24-2010, 07:19 PM #2
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    Greece to Default ‘At Some Point,’ UBS’s Donovan Says (Update1)

    By Ken Prewitt and JoAnne Norton

    March 24 (Bloomberg) -- Greece will default on its bonds “at some pointâ€
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  3. 03-24-2010, 07:20 PM #3
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    Euro plunges on doubts over Greece aid

    By Jamie Chisholm, Global Markets Commentator
    Published: March 24 2010 08:42 | Last updated: March 24 2010 21:29

    21:30 GMT: Worries that the eurozone sovereign debt crisis was spiralling out of control rattled markets on Wednesday, causing the euro to plunge as investors pared risky bets.

    “There appears to be an accelerated and impending sense of doom about the status of the euro,â€
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