Daily Forex News - Is Greek Default Inevitable

As The EFSF Is Downgraded Is A Greek Default Now Inevitable?

The EFSF, The European Financial Stability Facility, finally lost its top credit rating with Standard & Poor’s after the rating company downgraded France and Austria amongst several other countries on Friday. After European markets closed today S&P cut the rating of the European Financial Stability Facility, the euro-region bailout fund, to AA+ from AAA. S&P […]

As The EFSF Is Downgraded Is A Greek Default Now Inevitable? Read More »