Tuesday 26, June 2012 by Robin Amlôt
Egypt ratings on 'Watch Negative' says Standard & Poor's
In Egypt, the Supreme Council of the Armed Forces has recently taken steps to consolidate its position of power, a move opposed by other political groups. As a result, Standard & Poor’s believes that a protracted, and possibly volatile, transition from the authoritarian regime deposed in January 2011 is more likely.
