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Friday 27 April 2012

CNN News - Italy, Spain downgraded by Fitch, Apr 27, 2012

Italian Prime Minister Mario Monti. Italy was one of five eurozone countries to have its debt downgraded by Fitch on Friday.
 "NEW YORK (CNNMoney) -- Fitch downgraded the sovereign debt ratings Friday of five European countries, with Italy and Spain taking the biggest hit.
Italy, the third largest economy in the eurozone, had its rating cut two levels to A- from A+. Spain was cut two levels to A from AA-"
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