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Slovenia's bond rating took a major hit in the past week as two different rating agencies downgraded the quality of their government...
Slovenia's bond rating took a major hit in the past week as two different rating agencies downgraded the quality of their government bonds. When the S&P downgrade Slovenia's bond rating by only one notch it may seem like a minor concern, but the rating of A rather than A+ poses a major threat to the nation's economic health. Moody's financial ratings cut the bonds all the way down to Baa2, meaning they are only two precarious steps higher than a junk rating. Slovenia is just one of the several small Eurozone nations in the past few years that have...