Fitch downgrades ratings of 5 EU countries

Fitch just cut the long-term issuer ratings of 5 EU countries:Belgium: AA+ to AA  Spain: AA- to A  Italy: A+ to A-  Cyprus: BBB to BBB-  Slovenia: AA- to A
Read more: http://www.businessinsider.com/fitch-goes-on-rampage-cuts-spain-italy-and-belgium-2012-1#ixzz1kk8nz4T9
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