S&P warns about sovereign-debt ratings of Greece, Portugal

12/8/2009 | Wall Street Journal, The

Standard & Poor's put the single-A-minus rating on Greece's sovereign debt on negative credit watch. In late October, Moody's Investors Service put Greece's currency ratings on review for a possible downgrade. S&P also put Portugal's sovereign-credit rating on "negative" outlook, citing deterioration in public finances.

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