S&P says Brexit would prompt swift downgrade of Britain: Bild

[WorldNews]

A downgrade of Britain's AAA credit rating by Standard and Poor’s (S&P) could come quickly after a vote in favor of leaving the European Union, S&P chief sovereign ratings officer Moritz Kraemer told German daily Bild. "If Great Britain decides for a Brexit in the EU referendum on Thursday, then the AAA credit rating would come due and would be downgraded within a short period of time," Bild quoted Kraemer as saying in a summary of an article to be published on Thursday.

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