Moody’s Downgrades Greek Credit Rating AGAIN, Credit Default Swaps Jump

Don’t miss: - Postcards From Greece! The cost of insuring Greek debt rose on Thursday morning after the debt-laden country suffered another credit-rating downgrade. The three-notch-downgrade takes Greece from B1 to Caa1, giving the country a worse credit rating that Montenegro. On Wednesday night Moody’s dealt another blow to Greece with a further downgrade that [...] continue reading the breaking news