...The timing of the downgrade (click title to entry - thank you) was questioned by Mr Barroso, who made similar remarks when the US-based ratings agency downgraded Portugal last week, hours after the Portuguese parliament committed to more cuts than agreed under their austerity programme....
Ireland now has a reform program and everyone in the EU is loving it. If every nation in the world attains Junk Bond Status the 'market system' would have to reset and then no nation in the world would be junk status ever again. Sounds like a plan, Michelle.