S&P lowers rating on Greece to CCC from CCC+

Standard and Poor's lowered its long-term sovereign credit rating on Greece to "CCC" from "CCC positive", saying the government would likely default on its commercial debt in the next ...

S&P lowers rating on Greece to CCC from CCC+ source: http://finance.yahoo.com/news/p-lowers-rating-greece-ccc-203017704.html