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S&P to cut France, Austria credit rating by one notch each
LONDON (Reuters) - Standard & Poor's is set to downgrade the credit ratings of France and Austria by one notch each, the Financial Times reported on Friday, citing an unnamed official. It said the triple-A, top-notch ratings of Germany, The Netherlands, Finland and Luxembourg would remain in place. France and Austria would be set at AA-plus, the next rung down, the report said. (Reporting by ...

S&P Strips France of its Sterling AAA Credit Rating; Austria, Italy Also Downgraded
In the wake of the successful bond auctions held by Spain and Italy Thursday, Standard & Poor's moved to cut France's sterling credit rating . S&P stripped the U.S.

S&P downgrades France, Austria credit ratings
Standard & Poor's is to downgrade France and Austria's AAA credit rating, an EU government source has confirmed.

AP: S&P cut France and Austria's credit rating
Loss of AAA-rating deals a heavy blow to the eurozone's ability to fight off debt crisis; more ratings cuts are expected

S&P downgrades hit France, Austria, Spain, Italy
This has been expected all day, but it’s finally hit. Standard & Poor’s is downgrading the credit rating of France, Austria, Italy, and Spain by one notch. (Germany escaped unscathed.) Here’s the full statement. Read full article >>

Hutchison to buy mobile operator Orange Austria
Hutchison 3G continues to grow its European mobile phone business with its acquisition of Austria’s third biggest mobile firm from France Telecom and Mid-Europa Partners.

EFSF Loses AAA Rating After S&P Downgrades France, Austria
The European Financial Stability Facility lost its top credit rating at Standard & Poor’s after the rating company downgraded France and Austria.

Austria says banks sturdy, rebukes S&P views
Top Austrian government and financial officials said Monday that the country's banks were strong enough to handle the fallout of Europe's debt crisis, particularly in Italy and Hungary, where the lenders ...

Austria issues 50-year bonds for first time
Austria has issued 50-year bonds for the first time in its history, the federal financing agency said.

Credit Agricole and Societe Generale downgraded by S&P
Two of France's largest banks have been downgraded by Standard & Poor's as the ratings agency followed up on its earlier downgrade of the country's sovereign rating.

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