Portugal Debt Rating Cut by Fitch on Worsening Finances: Video
318 views · Published 23 March 2012 · 4:11 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
March 24 (Bloomberg) -- Portugal's credit grade was lowered one step to AA- by Fitch Ratings, which cited the nations deteriorating public finances. The outlook on the rating remains negative, Fitch said in a statement today from London, meaning its more likely to cut the grade further than raise it or keep it unchanged. Bloomberg's Jim Silver talks with Deirdre Bolton and Scarlet Fu about the downgrade. (Source: Bloomberg)
More from this channel
-
3:30
Market Close 6.4 - Bloomberg
-
0:17
Pens Tie Stanley Cup Series - Bloomberg
-
0:35
Hardware Price Too High - Activision - Bloomberg
-
0:31
FDIC Seeks Citigroup Shares-Up - WSJ - Bloomberg
-
0:44
Bank Have More Accounting Leeway - Bloomberg
-
0:32
Lakers Beat Magic 100-75 - Bloomberg
-
0:30
Johnson Wins 300th Game - Bloomberg
-
1:13
GM Expects To Sell Saturn To Penske Automotive - Bloomberg