BusyBodyQueen

Wednesday, March 18, 2015

Grexit




Greece leaving the eurozone would have "serious consequences" for the eurozone as a whole and raise questions about what could lead other countries to leave as well, ratings agency Moody's said on Tuesday.
Although eurozone governments are benefiting from cheaper borrowing costs thanks to the European Central Bank's aggressive stimulus measures and were expected to see growth gradually recover in the coming months, some - such as France and Italy - still face pressures on their credit ratings.




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