Brussels, 27/07/2011 (Agence Europe) - On Wednesday 27 July, the American ratings agency Moody's downgraded Cyprus's rating by two notches (from A2 to Baa1). It gives as its reason for this decision the concerns weighing on the budgetary and political situation of the country, which has been plunged into economic crisis since early July, with the destruction of the Vasilikos thermal power plant, which supplied 60% of the island's electricity. The Cypriot banks are also suffering knock-on...