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As Spain moves closer to the need for direct external support from its European partners,...

  • Friday, June 8, 2012, 6:21 PM ET
    As Spain moves closer to the need for direct external support from its European partners, Moody's says the increased risk to creditors may prompt further rating actions. The agency is currently assessing the implications of these increased pressures and will take any rating actions necessary to reflect the risk to Spanish government creditors. Its rating on Spain is currently A3 with a negative outlook.
Track new comments on this story

This news story has 3 comments:

  •  
    Get rid of these useless rating agencies.
    8 Jun 2012, 06:38 PM Reply Like
  •  
    I second that plan. They have lost all credibility.
    8 Jun 2012, 07:05 PM Reply Like
  •  
    Everyone should know that not only are S&P, Moody's, Fitch and Egan Jones concerned about Spain, but my grandmother has been murmuring negative thoughts, too. Just in case you don't have enough vitally important opinions on this subject.
    8 Jun 2012, 08:30 PM Reply Like
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