Greece hits out at credit rating agency

The Greek government has criticised Standard & Poor’s on the 3 December 2010 after the credit agency gave warning that it might cut Greece’s sovereign debt rating.

The decision came as a 'surprise', said the Greek finance ministry, following the 'early success of the Greek programme in terms both of fiscal consolidation and competitiveness-boosting reforms'.

ESO: Background information: Moody’s rating decision offers respite to Greece http://www.europeansources.info/record/moodys-rating-decision-offers-respite-to-greece/

Kathimerini, 4.12.10: PM set for testing week of talks http://www.ekathimerini.com/4dcgi/_w_articles_politics_100002_04/12/2010_121622

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