| Author (Person) | Wise, Peter |
|---|---|
| Series Title | Financial Times |
| Series Details | 22.12.10 |
| Publication Date | 22/12/2010 |
| Content Type | News |
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Moody’s, the credit rating agency, warned on the 21 december 2010 that it may downgrade Portugal's government bonds because of concerns over the country’s ability to access debt markets, weak economic growth and the funding difficulties facing Portuguese banks. The warning, which followed a similar action over Spain the previous week, will add to anxieties over the potential spread of the eurozone debt crisis, which many investors fear will force Portugal to follow Greece and Ireland in seeking a financial rescue by the European Union and International Monetary Fund. |
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| Countries / Regions | Portugal |
