Spain's newly-elected government needs to outline additional measures to meet deficit-reduction targets, Fitch Ratings said Tuesday.
The opposition center-right Popular Party swept to power in Sunday's general elections.
The ratings firm said the victory "provides a window of opportunity.
If it is to improve market expectations of its capacity to grow and reduce debt within the confines of the euro zone, it must positively surprise investors with an ambitious and radical fiscal and structural reform program." Fitch rates Spain AA-minus with a negative outlook. Spain's 10-year government bond yield /quotes/zigman/4869131 ES:10YR_ESP +0.10% rose 2 basis points to 6.56%
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