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Germany on a downgrade warning from Moody

in International Business

Germany on a downgrade warning from Moody

The credit ratings agency Moody’s has warned the outlook for Germany’s AAA credit rating is negative, the first step towards a possible downgrade.

The ratings for the eurozone’s other top-rated economies the Netherlands and Luxembourg were also put on negative outlooks.

Moodys said the countries were at risk from wider eurozone troubles and a possible Greek exit from the euro.

France and Austria lost their AAA ratings earlier this year.

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Germany downgrade warning from Moodys

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