Commission regrets Fitch decision to downgrade Greece

The European Commission on Thursday expressed regret over a decision by Fitch Ratings on Wednesday to downgrade Greece’s credit rating to junk category.
A Commission spokeswoman, speaking here to reporters, said the decision was “difficult for someone to comprehend” and stressed that recent decisions taken by the Eurozone and the International Monetary Fund proved that Greece has fulfilled all preconditions necessary for the release of the fifth tranche of an 110-billion-euro loan to the country.

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