S&P Sees Greek Default on Debt After EU Plan Takes Effect
July 27 (Bloomberg) -- Greece will partially default on its debt once European officials push through a plan that will see bondholders foot part of the bill of a second bailout agreed to last week in…
Debt fears lead to US downgrade - BUT DOES IT MATTER?
Debt fears lead to US downgrade By Michael Mackenzie in New York Egan-Jones has become the first US rating agency to downgrade the country’s sovereign credit rating from triple A to double A plus as…