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« UK Recession Inevitable Under Government Policy | Main | Europe to Move into Recession Early Next Year »
Sunday
Oct092011

French Banks suffer Credit Ratings Cut

Posted on DateSunday, October 9, 2011

Fears over the economic turmoil in the EU has led to Ratings agency Moody’s downgrading the credit score of two of the largest Banks in France. Societe Generale and Credit Agricole have had their ratings cut in light of their exposure to Greece.

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