Moody’s slashes Greek rating

By Berni | March 7, 2011

Mar 7 – Moody’s cuts Greek credit rating, describing Greek government debt as ”highly speculative.” Kristy Basset reports

 

Moody’s slashes Greek rating

questions

  1. What is continuing to rise?
  2. Which noun tells you that progress in the Greek economy has hit a problem?
  3. By how much has Greece’s credit rating been slashed?
  4. How is the reduced rating described by the Greek government?
  5. Who wasn’t overly concerned about the news?
  6. Whose yields are the Greek yields being compared to?
  7. What does the pricing in of a default risk suggest?
  8. What has Greece not done?
  9. Who is being pressurised by the downgrade?
  10. What may be too harsh?

check your answers

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