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BEIJING, May 1 (Xinhua) -- Rating agency Moody's downgraded Greek debt one notch further to CAA2, or junk territory Wednesday, citing "high uncertainty" of a new bailout agreement.
The move also left Greece with a "negative outlook" for another possible downgrade. Moody's also said ongoing talks between Greece and its international lenders show no immediate sign of an agreement and the final results would be decided at a political level.
(Source: CNTV.cn)
