{"id":236264,"date":"2010-01-27T06:09:52","date_gmt":"2010-01-27T11:09:52","guid":{"rendered":"http:\/\/www.businessinsider.com\/this-little-piigy-is-about-to-get-a-sovereign-downgrade-2010-1"},"modified":"2010-01-27T06:09:52","modified_gmt":"2010-01-27T11:09:52","slug":"this-little-piigy-is-about-to-get-a-sovereign-downgrade","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/236264","title":{"rendered":"This Little PIIGy Is About To Get A Sovereign Downgrade"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/0eb9b914a888f54953597d00\/cutepigs-tbi.jpg\" border=\"0\" alt=\"cutepigs tbi\" \/><\/p>\n<p>The &#8220;P&#8221; in PIIGS, Portugal, is the next euro nationa to bring heartburn to the union.<\/p>\n<p>Fitch has come out with a negative rating on the nation&#8217;s debt, accordign to <a href=\"http:\/\/feedproxy.google.com\/~r\/TheMoneyGame\/~3\/FW4l_Is7zfU\/Says%209.3%\/GDP%202009%20deficit%20disappointing.%202010%20planned%20consolidation%20&ldquo;not%20the%20most%20aggressive&rdquo;\">ForexLive<\/a>, following disappointment with the country&#8217;s latest budget.<\/p>\n<p>At this point a downgrade is &#8220;more likely than not.&#8221;<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/this-little-piigy-is-about-to-get-a-sovereign-downgrade-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/leaked-eu-report-warns-of-risky-euros-threat-to-union-2010-1\">EU Privately Freaking Out About Greece And The PIIGS Breaking Apart The Union<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/reach-capitals-nigel-hart-dont-worry-about-the-piigs-theyre-the-building-blocks-of-the-markets-wall-of-worry-2010-1\">Reach Capital&#8217;s Nigel Hart: Don&#8217;t Worry About The PIIGS, They&#8217;re The Building Blocks Of The Market&#8217;s &quot;Wall Of Worry&quot;<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-piigs-get-slaughtered-as-greek-bond-situation-deteriorates-2010-1\">The PIIGS Get Slaughtered, As Greek Bond Situation Deteriorates<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/FW4l_Is7zfU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The &#8220;P&#8221; in PIIGS, Portugal, is the next euro nationa to bring heartburn to the union. Fitch has come out with a negative rating on the nation&#8217;s debt, accordign to ForexLive, following disappointment with the country&#8217;s latest budget. At this point a downgrade is &#8220;more likely than not.&#8221; Join the conversation about this story &#187; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-236264","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/236264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=236264"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/236264\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=236264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=236264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=236264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}