SAN FRANCISCO (MarketWatch)
Moody's Investors Service said late Wednesday it
downgraded Spain's sovereign-debt rating to Baa3 from A3 and placed it on review
for a possible further downgrade
Moody's based the downgrade on Spain's plans
to borrow up to 100 billion euros from the European Financial Stability
Facility, its limited financial-market access and increasingly vulnerable
economy
Moody's said it will conclude its review to decide a further downgrade
within three months
The downgrade follows one earlier Wednesday from
Egan-Jones, which lowered its rating on Spain to CCC+ from B
On Wednesday,
yields on Spain's 10-year note pushed past
6.75%
Formación Académica y Profesional
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System

Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

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viernes, 15 de junio de 2012
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