Holland loses AAA rating.

S&P has stripped the Netherlands of its AAA rating and cut the country's debt to AA+, with the ratings agency explaining that Holland's growth outlook is not as strong as previously thought. "We do not anticipate that real economic output will surpass 2008 levels before 2017, and believe that the strong contribution of net exports to growth has not been enough to offset a weak domestic economy," S&P said. The agency's decision leaves Germany, Luxembourg and Finland as the only nations in the eurozone with a AAA rating. Dutch shares were +0.1% at the time of writing.