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Eurozone bailout fund gets triple-A rating

08.10.12 @ 17:28

  1. By EUOBSERVER

Fitch ratings agency on Monday gave its highest grade (AAA) to the eurozone's newly created permanent bailout fund, the European Stability Mechanism. Its predecessor, the temporary EFSF due to stop issuing bonds next year, was downgraded by one notch earlier this year after France lost its triple-A rating.