Greece Follows Dubai into the Shaky Column

by Marilou Moursund on December 8, 2009

in Bonds,Credit Crisis,Debt

The Greek stock market closed down 6% as Fitch lowered its rating on Greece’s long term debt to BBB+ from A-.  The problems in Dubai also resurfaced today as another large borrower in Dubai reported a $3.65 billion loss.

Courtesy of, a slideshow of “The 10 Countries Most Likely to Default” :

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