Moody's debt rankings for Britain and other EU nations

Moody's has adjusted the sovereign debt ratings of nine EU countries, including Britain, France, Portugal, Spain and Austria, to reflect their exposure to the escalating eurozone debt crisis. We look at Moody's rankings of long-term debt.

Investment grade Junk or non-investment grade Aaa Ba1 Aa1 (SNP: ^AA1Y - news) Ba2 Aa2 (SNP: ^AA2Y - news) Ba3 Aa3 (SNP: ^AA3Y - news) B1 A1 B2 A2 B3 A3 Caa1 Baa1 Caa2 Baa2 Caa3 Baa3 Ca

C Moody's actions can be summarised as follows:

• United Kingdom : outlook on Aaa rating changed to negative

• France : outlook on Aaa rating changed to negative

• Austria : outlook on Aaa rating changed to negative

• Italy : downgraded to A3 from A2, negative outlook

• Spain : downgraded to A3 from A1, negative outlook

• Portugal : downgraded to Ba3 from Ba2, negative outlook

• Malta : downgraded to A3 from A2, negative outlook

• Slovakia : downgraded to A2 from A1, negative outlook

• Slovenia : downgraded to A2 from A1, negative outlook