Fitch Downgrades Ireland
Posted on October 06, 2010 at 10:20 AM EDT
A day after Moody's Investors Service announced it was putting Ireland under review for a possible downgrade , Fitch Ratings lowered the country's credit grade to A+ from AA-. Fitch's downgrade was prompted by the Irish government's announcement last week that it's pledging more money -- as much as €50 billion -- to save Ireland's banks. The downgrade was further fueled by uncertainty over the... Continue reading Fitch Downgrades Ireland Fitch Downgrades Ireland originally appeared on DailyFinance on Wed, 06 Oct 2010 10:20:00. Filed Under: Economy , Credit Permalink | Tweet this! | Comments