Greek Debt Deal Hit By Eurozone Ratings Downgrades!

• It is all an orchestrated charade. The Illuminists are just buying time and lining up the pieces for a catastrophic collapse! Greece is a goner! See: Endgame Begins – UK “Foreign Office Sources Say Merkel Now Thinks Greece Will Default” !
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  Greek debt deal hit by eurozone ratings downgrades! 
  By Angela Monaghan, http://www.telegraph.co.uk/
  Hopes of a Greek debt deal were undermined on Friday night after Fitch downgraded the ratings of five eurozone countries, including Italy and Spain.
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  Olli Rehn, the European Commissioner for economic and monetary affairs,   cheered markets by claiming a deal to end Greek’s debt impasse was “very   close” but hopes were hit by the rating agency’s actions.
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  Following similar action from rival Standard & Poor’s (S&P) earlier this month, Fitch downgraded Italy, Spain and Slovenia by two notches and Belgium and Cyprus by one notch. Fitch took no action on France’s AAA credit rating despite S&P downgrading the country two weeks ago.
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  The rating agency warned that the eurozone crisis would only be resolved “as and when there is broad economic recovery” and with “greater   fiscal integration”. It was also being reported last night that the German government wants Greece to hand over control of tax and spending decisions to a ‘budget commissioner’ appointed by the rest of the eurozone, before the country gets its second bail-out.
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  The budget commissioner would have to power to veto decisions made by the Greek government, according to a proposal seen by the Financial Times, marking a significant step-up in the EU’s powers over the sovereign governments of member states.
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  … for more click here!

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