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Unread postPosted: Fri Dec 16, 2011 5:49 pm 
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Moody's downgrades Belgium credit rating

Moody's on Friday cut Belgium's credit rating by two notches, citing tough conditions for in-debt European countries to borrow with little chance of a quick end to the eurozone crisis. Moody's cut the rating to Aa3, with a negative outlook, from Aa1.

The firm also cited "increasing medium-term risks to economic growth" due to ongoing deleveraging in the eurozone.

Yahoo

One by one they fall....



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Unread postPosted: Fri Dec 16, 2011 6:09 pm 
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This does not help...

Italy and France have put very tight new guidelines on our lines of credit - and I have a feeling that is just the start... When they drive me out of there - hope they aren't surprised as to why...



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