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Portugal debt downgraded to junk
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The Lisbon stock exchange has slumped more than 2.5 percent after ratings agency Moody's downgraded Portugal's government debt to junk status July 5. Portugal needed a 78 billion euro(9 trillion yen) bailout from its European partners and the International Monetary Fund earlier this year after markets began charging it unsustainably high interest on loans as investors deemed the country a risk. (AP)
ムーディーズ、ポルトガル国債を格下げ
格付け機関ムーディーズは、ポルトガル国債の格付けをジャンク級の「Ba2」まで引き下げた。
Shukan ST: July 22, 2011
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