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Fitch Ratings downgrades Spain three notches from A to BBB due to such factors as the weakness of the Spanish banking sector, the costs associated with restructuring and recapitalizing the banking sector,increasing government debt, and projections that Spain will remain in a recession for the next two years.
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Fitch Downgrades Spain 0 comments
Fitch Ratings downgrades Spain three notches from A to BBB due to such factors as the weakness of the Spanish banking sector, the costs associated with restructuring and recapitalizing the banking sector,increasing government debt, and projections that Spain will remain in a recession for the next two years.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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