Thursday 11 October 2012

Spain's Credit Rating Heading Towards Junk Status

S&P Downgrades Spain to BBB- The Spanish prime minster is under continuing pressure to ask for a bailout after Standard and Poor downgraded Spain to BBB- the very lowest investment grade. This falls in line with Moody’s judgement of Baa3 back in June. S&P also hit the nation with a...

For Full Article Visit Spain's Credit Rating Heading Towards Junk Status

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