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S&P downgrades outlook for EU
 admin August 5, 2015, 01:09:55 AM 

 NEW YORK: Standard & Poor’s has changed the outlook for the European from stable to negative after the bloc’s support for Greece and following Britain’s decision to vote on leaving the EU, S&P reported on Monday.

 
The decision means the US ratings agency could lower its grade of the European — now at AA+ — in the next two years. Read more
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