Moody’s: Azores’ debt downgraded to negative outlook
19 November 2011
Moody’s Investors Services downgraded Friday the debt rating of the Azores from B3 to B1, four notches below investment-grade status to a negative outlook, leaving the door open for another possible cut. The rating agency considered that there are “significant risks” in financing the Autonomous Region which has very high levels of direct and indirect […]












