FTSE keeps Greece on watch for demotion to emerging market

NEW YORK (Reuters) – Equity index provider FTSE Group said on Tuesday Greece has escaped a demotion to advanced emerging markets status but could still be on the chopping block in the future after a three-year-old debt crisis has left the country reeling. FTSE did not reclassify any countries in its annual country classification review but said it is weighing whether to remove Argentina from frontier status as well as whether to include Mongolia in that same category. …
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