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S&P Cuts Rating on Europe's Bailout Fund

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The EFSF is downgraded to AA+ from AAA by the credit ratings agency S&P on Feb. 16, 2012.

EFSF S&P ratings downgrade to AA+ from AAA

08/08/2011

The European Financial Stability Mechanism was downgraded by S&P to AA+ on Feb. 16, 2012. This is the bailout fund in the eurozone financial crisis.

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