BBC: Ratings agency Standard & Poor's has downgraded struggling Greece and Portugal on further debt worries.
S&P says investors in their bonds could lose out under the terms of a new eurozone bail-out package.
The move pushed up the countries' borrowing costs as lenders demanded a higher rate of return for buying government bonds.
The downgrades left Portugal one notch above junk rating and Greece's creditworthiness below that of Egypt. » | Tuesday, March 29, 2011
