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FITCH PLACES BELGIUM, SPAIN, SLOVENIA, ITALY, IRELAND AND CYPRUS ON RATING WATCH NEGATIVE
Fitch Ratings-London-16 December 2011: Fitch Ratings-London-16 December 2011:
Fitch Ratings has placed the ratings of all investment grade rated eurozone sovereigns and their debt with Negative Outlook onto Rating Watch Negative (RWN). The euro area country ceiling of ‘AAA’ is unaffected. The rating actions are as follows:
– Belgium ‘AA+’/’RWN from ‘AA+’/Negative Outlook (‘F1+’ Unaffected)
– Spain ‘AA-‘/’F1+’/RWN from ‘AA-‘/’F1+’/Negative Outlook
– Slovenia ‘AA-‘/’F1+’/RWN from ‘AA-‘/’F1+’/Negative Outlook
– Italy ‘A+’/’F1’/RWN from ‘A+’/’F1’/Negative Outlook
– Ireland ‘BBB+’/’F2’/RWN from ‘BBB+’/’F2’/Negative Outlook
– Cyprus ‘BBB’/’F3’/RWN from ‘BBB’/’F3’/Negative Outlook

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