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Moody's Warns Greek Default Almost Certain

July 25, 2011

Ratings agency Moody's has cut Greece's debt ratings by three notches to Ca on Monday, leaving it just one notch above what is considered default, and said the chance of a default is now "virtually 100 percent".

Source: http://www.cnbc.com/id/43876647?__source=RSS*tag*&par=RSS
 
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