Reuters - Standard & Poor's on Monday cut Greece's long-term ratings to 'selective default', the second ratings agency to proceed with a widely expected downgrade after the country announced a bond swap plan to lighten its debt burden.
Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20120227/bs_nm/us_greece_sp
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