|archmage||Date: Saturday, 14-January-2012, 4:15 PM | Message # 1|
-- dragon lord--
A mass downgrade of credit ratings across the eurozone has brought left-leaning protesters out onto the streets of Paris.
France and Austria have been stripped of their top-grade 'AAA' status.
In all, the ratings agency Standard and Poor's has downgraded the debt of nine eurozone countries.
Portugal, Italy, Spain and Cyprus have all gone down by two notches. But Germany has held onto its coveted 'AAA' rating.
France is trying to put a brave face on it all, playing down its downgrade.