Moody downgrades 7 banks in Benelux
Brussels - KUNA
Ratings agency Moody's downgraded five Dutch banks and one bank in Belgium and one in Luxembourg late on Thursday. Four Dutch banks were downgrade by two notches and one bank by one notch. Rabobank was downgraded by two notches to Aa2, ING and ABN Amro to A2 and Lease Plan Corporation to Baa2. SNS Bank were downgraded one notch to Baa2. In a statement Moody's noted that "The Netherlands is affected by the ongoing euro area debt crisis and regional economic weakness." Belgium's KBC Group was downgraded two levels to Baa1. Luxembourg's Banque et Caisse d'Epargne de l'Etat (BCEE) was downgraded to Aa1 from Aaa.
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Buenos Aires - AFP
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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