Stocks decline after Greek PM Alexis Tsipras vowed to roll back austerity measures yesterday and stressed that his country would not be asking for an extension to its current bailout. The news was enough to bring down Athens' ATG stock index 5.6%, following European markets, which are mostly in the red. S&P cut Greece's sovereign debt rating to B- from B on Friday, while Moody's placed its Caa1 rating on review for downgrade.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment