
16 º Celcius
Fair
Fair
LATEST NEWS
Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory, warning of a "probable" Greek exit from the euro currency union if new national elections next month produce an anti-bailout government.
Fitch said it had cut Greece's rating by one notch, from B- to CCC, the lowest possible grade for a country that is not in default.
"The downgrade of Greece's sovereign ratings reflects the heightened risk that Greece may not be able to sustain its membership of Economic and Monetary Union (EMU)," the agency said in a statement.
In addition to its acute financial woes, Greece has entered a protracted political crisis after elections on May 6 left no party with enough seats in parliament to govern alone, and nine days of hectic talks failed to reach a coalition deal.
The country is now headed for a new vote next month, most probably on June 17, and anti-austerity parties which recorded strong gains on May 6 are again expected to do well.
That has raised deep concerns that, if the new government reneges on Greece's austerity pledges, the European Union and the International Monetary Fund (IMF) could cut off the flow of bailout loans. Those rescue funds...




Bavaria 29 Sport

Engine:
2 x Volvo Penta GXI V6 225hp (Petrol)
Equipment:
Electric windlass, Bow thruster, Hydraulic engine hatch, cockpit fridge and sink, Teak cockpit flooring, Canopy and covers, Galley with Microwave, Electric Hob and Fridge
Instruments:
Raymarine GPS Plotter, Radar & Autopilot, VHF
Price:
€69,500 - VAT Paid







2 x Volvo Penta GXI V6 225hp (Petrol)
Equipment:
Electric windlass, Bow thruster, Hydraulic engine hatch, cockpit fridge and sink, Teak cockpit flooring, Canopy and covers, Galley with Microwave, Electric Hob and Fridge
Instruments:
Raymarine GPS Plotter, Radar & Autopilot, VHF
Price:
€69,500 - VAT Paid

















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