Fitch Ratings has downgraded Ireland three notches from A to BBB , citing the costs of restructuring the Irish banking system, the country’s weak growth prospects, and uncertainty about its economy due to the deepening financial crisis, despite the international economic assistance it received last month.
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Ireland’s Credit Rating Downgraded Three Notches by Fitch originally appeared on DailyFinance on Thu, 09 Dec 2010 09:30:00.