S&P

Standard & Poor's on Wednesday cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating. Last week Greece and its international lenders reached a deal to lower the country's debt burden, which included...

Citibank reports that Greece will leave the Eurozone  by 2014. Citbank examined the reports of international financial institutions in a number of countries and said that it is now looks inevitable that Greece can not stay in the bloc...