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China's Wen offers to buy Greek debt

China offered on Saturday to buy Greek government bonds when Athens resumes issuing, in a show of support for the country whose debt burden pushed the euro zone into crisis and required an international bailout.

Senh: China's buying all this debt. What are they gonna do with them?

 

Moody's Downgrades Greek Debt to Junk

Moody's Investors Service downgraded Greek debt by four notches to junk status. It follows Standard & Poor's, which put the debt-laden country in the speculative-grade camp almost seven weeks ago.

 

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