"Greece is at substantial risk of a default, one of the world’s three leading ratings agencies said on Wednesday, as it downgraded the debt of the struggling eurozone country.
Standard & Poor’s said the drawn out negotiations between Athens and its creditors were damaging the economy and had resulted in a fresh cut in Greece’s credit rating, which is already at junk-bond status."
http://www.theguardian.com/business/2015/apr/15/greece-at-substantial-risk-of-default-say-experts
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