Ireland suffers fresh S&P downgrade

Article reports that Ireland’s sovereign credit ratings were cut for the second time in three months on the 8 June 2009 amid heightened concern about the soaring cost of bailing out the country’s ailing banking sector.

EurActiv, 9.6.09: New Irish rating downgrade hits euro http://www.euractiv.com/en/financial-services/new-irish-rating-downgrade-hits-euro/article-182998

Irish Times, 9.6.09: Ireland's debt rating cut over fears on bailout costs http://www.irishtimes.com/newspaper/finance/2009/0609/1224248419107.html

Website: Standard and Poor's: Europe http://www2.standardandpoors.com/portal/site/sp/en/eu/page.home/home/0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0.html

BBC News, 8.6.09: S&P cuts Irish debt rating again http://news.bbc.co.uk/1/hi/business/8089307.stm

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