Sunday, 2 May 2010

Debt crisis: is the UK really at risk of being downgraded?

The drama playing out in Greece has been watched with a mix of curiosity, schadenfreude and fear around the world. In the UK, as the markets brace for an indecisive election result and the country grapples with the biggest deficit in decades, the scrutiny of a nearby nation in dire straits has been particularly intense.

Some portray the UK as a country in fiscal crisis, unable to decide what it wants out of the polls and headed for the debt downgrade spiral that has plunged Greece into street fighting and strikes. more...


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