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Fitch warns of cut for some eurozone countries

01-11-2012 13:57 BJT

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Credit rating agency Fitch says it will re-evaluate the sovereign debt rating of countries within the eurozone.

It warns nations currently with negative outlooks - the likes of Italy, Spain and Ireland - could face downgrades.

The agency says slowing economic growth in the region makes it harder to put an end to the debt crisis, and it’s "deeply concerned" for the future of the 17-nation bloc.

Meanwhile, Fitch did confirm it would not cut France’s top notch triple A rating.

 

Editor:Zhang Rui |Source: CNTV.CN

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