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On February 4th Fitch, a rating agency, downgraded Russia by one notch.

二月四日评级机构Fitch将俄罗斯的评级降了一级。

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The average bond rating fell from a in 1981 to BBB - today, just one notch above junk status.

债券平均评级已经从1981年的A滑落至如今的BBB -，距垃圾债不过一步之遥。

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The downgrades left Portugal one notch above junk rating and Greece's creditworthiness below that of Egypt.

BBC: Portugal and Greece downgraded on debt worries

In June, ratings agency Moody's downgraded Emporiki to just one notch above default status.

BBC: Retailer Carrefour to sell stake in Greek joint venture

Hungary is one notch above so-called "junk" status, meaning its cost of borrowing could soar without help.

BBC: Hungary asks for IMF and EU assistance