However, the Fitch ratings agency late Wednesday issued another downgrade on the financial outlook for Greece.
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Fitch Ratings agency is anything but optimistic about the Eurozone debt crisis in its latest bi-annual global Sovereign Review and Outlook report.
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In fact, earlier this week Fitch Ratings Agency changed it's outlook for the U.S. from stable to negative because of the failure of the congressional supercommittee to come up with a deficit reduction plan.
The Fitch ratings agency warned that if Greece did leave the euro, it would probably place all 16 remaining euro nations' sovereign ratings on "rating watch negative" - meaning they would be in danger of being downgraded.
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The Fitch credit ratings agency has joined Moody's and put the UK's top AAA rating on "negative outlook".
Fitch, a ratings agency, immediately downgraded Iceland's debt and loans from international donors may be affected.
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On May 20th Fitch, a ratings agency, cut the country's debt rating by another three notches.
By this measure, financing could reach 14.5 trillion yuan this year, according to Fitch, a ratings agency.
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It also makes them safer, notes Edward Parker of Fitch, a ratings agency.
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Fitch, the ratings agency, helpfully made the chancellor's point for him last week when it put the UK's AAA rating on negative watch.
Fitch, a ratings agency, recently downgraded the debts of Panasonic and Sony to one notch above junk status and placed Sharp's on negative outlook.
And international ratings agency Fitch predicted that more newspapers would close amid dwindling advertising revenues.
In April ratings agency Fitch downgraded MGM's debt deeper into junk territory, expressing concern that its profits were not being used to pay down debt.
Ratings agency Fitch downgraded Greece's long-term credit rating from B- to CCC on Thursday, citing the increased risk that Greece could be forced to leave the eurozone.
Last week, Fitch became the second ratings agency to downgrade the UK's rating from the top notch level of AAA. Moody's had downgraded the UK's rating in February.
The ratings agency Fitch has said that Argentina, which is locked in a court battle in New York over its debt, will probably default on what it owes.
In fact, the IMF has forecast economic growth of 2.5% for the island nation in 2012, and the ratings agency Fitch has raised Iceland's long-term debt back to investment grade.
Ratings agency Fitch cut Greece's long-term credit rating from B- to CCC Thursday, only one notch above default level, reflecting worries over its ability to remain in the euro currency zone.
Quite how near was signalled by the ratings agency Fitch yesterday, which said that OBR's forecasts of rising government debt had reduced the UK's capacity to absorb further shocks and retain its AAA rating.
Also on Monday, ratings agency Fitch said it would view a regulatory block of the attempted acquisition of BSkyB as "negative" for News Corp and Macquarie downgraded News Corp. to "underperform" due to the regulatory uncertainty.
Credit ratings agency Fitch has said the country, which has a population of one million, would need 4bn euros to support its banks, the equivalent of almost a quarter of its GDP, or economic output, last year.
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Sales, which are already more than a fifth lower than they were during their peak of about 15.5 million in 2007, are expected to continue to fall some 3% this year, according to ratings agency Fitch and others.
The IMF assessment -- roughly in line with that of ratings agency Fitch -- came on the eve of critical talks between the Spanish government and European institutions over the terms of aid to Spanish banks, which are saddled with bad debt, much of it property-related.
In November, Sony suffered the ignominy of having its credit rating downgraded to "junk" by Fitch - indicating that the ratings agency has serious doubts about whether Sony will be able to repay its debts.
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One agency that grades the fitness of a country's finances, Fitch Ratings, has put the country's debt rating at "junk" status, meaning it must pay a higher interest rate to attract borrowers who are not certain to be paid back.
Earlier on Friday, Fitch kept the French government's top AAA credit rating, making it the only major ratings agency left to say the country deserves to be among the world's most creditworthy borrowers.
Fitch also cut the so-called "viability ratings" of Morgan Stanley and Societe Generale, which represent the agency's view as to the "intrinsic creditworthiness of an issuer".
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