Moody΄s

Greece΄s debt remains unsustainable despite short-term relief from this week΄s deal with major creditors, and Athens will probably need some of the principal on its debts reduced eventually, Moody΄s Investors Service said Thursday. Tuesday΄s deal with euro-zone finance ministers and...

Moody΄s Investors Service on Tuesday cut the credit ratings on two Cypriot banks and put another on review for a downgrade, citing the increased risks of a possible Greek exit from the euro zone.  Bank of Cyprus, the largest...