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S&P downgrades nine eurozone credit ratings

2012-06-06 9 Dailymotion

Standard & Poor's has downgraded several of the eurozone's leading economies, which means that it will be more expensive for them to borrow in future.<br /><br />It's stripped France of its AAA credit rating. The ratings of Italy, Spain and Portugal have also been cut by two notches. <br /><br />Al Jazeera's Jackie Rowland reports from Paris.

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