Moody's downgraded the Japanese government
After review by the experts of the international agency Moody's Investors Service forecast on Japan's ratings was changed from stable to negative.
Rating of the Japanese government, which is now at the Aa2 level, has come under close scrutiny Moody's due to growing fears about the country's growing public debt and the inability to cope with this situation. Up to now the size of Japanese public debt is the most significant compared to other developed countries of the world.
According to the representatives of Moody's The rating takes into account the long-term prospects, which are far from rosy if the current trend of debt growth continues.