Greece's Four Largest Banks Downgraded By Fitch

greece strike

The ratings agency Fitch has downgraded Greece’s four biggest banks in just the latest bad news for the troubled country.

Fitch also pointed to a negative outlook for the now BBB rated banks.

As a result of the downgrade, Greece’s debt spread against the 10 year German Bund widened to 333 bps, according to tweets from Zero Hedge

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