Global Business & Emerging Markets

Rollover would trigger default, S&P says, but it might be temporary.

Rollover would trigger default, S&P says, but it might be temporary.

Loans to local governments may weigh on banks, Moody's say.

Loans to local governments may weigh on banks, Moody's say.

Risk of default recedes on passage of austerity plan.

Risk of default recedes on passage of austerity plan.