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Agency places UK, France and Austria on negative watch and cuts credit ratings of six other nations over eurozone fears.
Rating agency cites weakening economic growth prospects for downgrade, but PM says S&P is dictated by newspaper stories.
Rating agency cites economic, fiscal and political weaknesses in the eurozone's third-largest economy.
Weak economy, high government debt and tsunami prompt credit ratings agency to downgrade world's third largest economy.
 
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