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Eurozone woes dictate global credit outlook

European Union flags

The intensification of the Eurozone crisis in H211 triggered an overall rise in the proportion of negative rating outlooks assigned by the agency, according to Fitch Rating’s latest bi-annual global credit outlook report.

Monica Insoll, managing director in Fitch's credit market research group, said: "The proportion of ratings on negative outlook globally rose in the second half of 2011 to end the year at 9.3% up from

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