Ireland attacks ‘flawed’ S&P move

The rating agency Standard & Poor’s (S&P) cut Ireland’s long-term credit rating one notch to double A minus on the 25 August 2010, and placed a negative outlook on its debt because of worries over its economy.

The National Asset Management Agency (Nama), the Irish government's debt agency accused S&P of a 'flawed' analysis of the country’s debt position.

BBC News, 25.8.10: Irish credit rating is downgraded http://www.bbc.co.uk/news/business-11081069

Website: National Asset Management Agency (NAMA) http://www.nama.ie/

ESO: Background information: Moody’s downgrades Ireland rating http://www.europeansources.info/record/moodys-downgrades-ireland-rating/

Irish Times, 26.8.10: Cost of State funding jumps as debt rating downgraded http://www.irishtimes.com/news/cost-of-state-funding-jumps-as-debt-rating-downgraded-1.642377?mode=sample&auth-failed=1&pw-origin=http%3A%2F%2Fwww.irishtimes.com%2Fnews%2Fcost-of-state-funding-jumps-as-debt-rating-downgraded-1.642377

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