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Credit rating agency Moody’s Investors Service late Friday said it was putting Belgium on notice for a possible downgrade.
The announcement came after markets closed and was the latest of three from either Moody’s or rival Fitch Ratings during the day focusing attention on Europe’s debt and banking crisis.
Moody’s announcement meant the ratings on Belgium’s government bonds could be downgraded within the next three months from its high rating of Aa1.
Moody’s cited Belgium’s high debt levels, the growing reluctance of European banks to lend
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