Date: Wednesday, 15-February-2012, 0:29 AM | Message # 1
The debt-ridden EU has suffered another blow from ratings agencies. Moody's has downgraded the debt ratings of six EU states - including vulnerable Portugal, Italy and Spain. It comes as the bloc struggles to prevent Greece from default by offering bailouts in return for more austerity. But as RT's Jacob Greaves reports, more and more Greeks feel the measures will only make things worse.