Standard & Poor's cut its already deep-junk rating for Greek bonds by one notch to "CCC" on Wednesday after the country delayed a debt payment to the International Monetary Fund last week.
S&P said the downgrade reflected "our opinion that in the absence of an agreement between Greece and its official creditors, the Greek government will likely default on its commercial debt within the next 12 months."
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23 Palestinians arrested in West BankMaintained and developed by Arabs Today Group SAL.
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All rights reserved to Arab Today Media Group 2021 ©
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