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S&P Cuts Greece to 'Selective Default'
Fox Business S&P said it revised its 'CC' long-term and 'C' short-term sovereign credit ratings on Greece to 'SD,' or selective default. The move was expected following a Greek debt restructuring agreement reached last week that will require Greek bondholders to … S&P downgrades Greece Greece Cut to Selective Default by S&P S&P Downgrades Greece To Selective Default, Cites CACs |