Irish Banks’ Ratings Placed on Review for Downgrade by Moody

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“The banks’ review “will look at the extent to which Ireland’s ability to provide support to its banking system may be impacted by the weakening of the government’s own debt capacity (which is under review for possible downgrade) as a result of the ongoing global economic and credit crisis,” Ross Abercromby, a Moody’s senior analyst, said in the statement.”