Moody’s slashes Greek rating – answers

questions

1. What is continuing to rise? Greek anger
2. Which noun tells you that progress in the Greek economy has hit a problem? a setback
3. By how much has Greece’s credit rating been slashed? by 3 notches
4. How is the reduced rating described by the Greek government? completely unjustified
5. Who wasn’t overly concerned about the news? foreign exchange investors
6. Whose yields are the Greek yields being compared to? German yields
7. What does the pricing in of a default risk suggest? that the news has been taken negatively
8. What has Greece not done? enough to cut its deficit
9. Who is being pressurised by the downgrade? European leaders
10. What may be too harsh? the terms of the loan agreement