Xinhua Moody's lowers rating of 16 Spanish banks | MADRID, May 17 (Xinhua) -- Risk Qualification agency Moody's lowered its rating of 16 Spanish banks late on Thursday evening. | The move came after a difficult day on the stock markets following rum... (photo: AP / Paul White)
Al Jazeera Fitch downgrades Greece on euro exit fears | Fitch, a leading credit ratings agency, has downgraded Greece a notch to CCC "vulnerable to default" rating, citing the heightened risk that the country might have to leave the Eurozone. | The failu... (photo: AP / Petros Giannakouris)
