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S&P rates new Greek bonds CCC, still vulnerable to default

PARIS : Standard & Poor's rated Thursday new Greek bonds issued under its bond swap at CCC, or still vulnerable to defa
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After the swap is completed "we will likely consider Greece's selective default to be cured and assign a forward-looking sovereign credit rating of 'CCC' to Greece," the agency said in a statement.

 

Copyright AFP (Agence France-Presse), 2012