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Fitch cuts Slovenia's credit rating

09.08.12 @ 10:02

  1. By EUOBSERVER

Credit agency Fitch on Wednesday cut Slovenia's rating from an A to a -A with a negative outlook. “The lack of a timely and credible bank recapitalisation plan continues to put pressure on the rating,” Fitch said. Slovenia may need to inject €2.8bn into its banks this year, reports Bloomberg.

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