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Fitch expects 'severe adverse effects' for any country exiting the euro

hourglass-euro

A special report published by Fitch today addresses the possible impact on credit ratings of countries redenominating after a Eurozone breakup.

The report, entitled Ratings Under a Eurozone Country Redenomination - Potential Rating Implications to this Scenario and Preliminary Analysis, explores the likely events surrounding a Eurozone

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