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MOODYS DOWNGRADES CREDIT RATING

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MOODYS DOWNGRADES CREDIT RATING

Post  Panda on Fri 15 Apr - 7:17



Moody"s has downgraded Ireland"s Credit Rating from BAA3 to BAA1, just short of Junk Bonds on fears that recent EU rate rise will affect inflation.
House Prices have fallen 30% since 2007.
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Re: MOODYS DOWNGRADES CREDIT RATING

Post  Panda on Fri 5 Aug - 10:35

Standard and Poors has upgraded Ireland"s credit rating to BBB+ three steps above Junk status , considered an open and flexible economy. The
ECB has been buying Irish and Portuges Bonds with a lower interest rate.
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