Ireland suffered a further downgrade on Wednesday (2 February), with the country's beleaguered economy set to dominate the political agenda ahead of national elections in three weeks time.
Credit ratings agency Standard & Poor's downgraded Irish sovereign debt for the third time in six months, cutting its rating by one notch from A to A-minus.
The firm blamed its decision on Ireland's crippled banking sector, warning that the Irish government may have to inject even more money i...
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