VOL. XLIV
No 52
24/31-December-2001
LEBANON
Capital Intelligence DowngradesLebanons Sovereign Rating To B+
Ratings agency Capital Intelligence(CI) announced on 5 December that it had downgraded the long-term foreigncurrency rating of Lebanon from BB- to B+. The countrys short-term foreigncurrency rating of B and the stable outlook were maintained. In a statement,the agency explained that the move was partly a reflection of the difficultiesthat the government faces in bringing Lebanons government...
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