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Spain's credit rating kept at investment-grade level

Last Updated: Thursday, October 18, 2012, 13:13

Moody's Investors Service left Spain's credit rating at investment-grade level, although it assigned a negative outlook due to persistent risks.

S&P downgrades Spain credit rating to BBB-, near junk

Last Updated: Thursday, October 11, 2012, 09:14

Standard & Poor's on Wednesday downgraded Spain's credit rating by two notches to BBB-minus, just above junk territory.

No more cuts coming, says Spanish minister

Last Updated: Monday, August 06, 2012, 10:20

Economy Minister Luis de Guindos has said in an interview that although Spain is finally asking for help from the European rescue fund there will be no new cuts or tax increases because those the govenment has already approved "will be enough" to reduce the deficit.

Moody's downgrades Spain's debt rating to Baa3

Last Updated: Thursday, June 14, 2012, 09:02

Credit ratings agency Moody's Investors Service on Wednesday downgraded Spanish government's credit rating by three notches to Baa3 from A3, which leaves it in investment-grade status but just one notch above junk.

EU ready to act as Spain downgraded by 3 notches: Merkel

Last Updated: Friday, June 08, 2012, 09:36

Without waiting for a widely expected EU rescue, credit ratings agency Fitch cut Spain's sovereign rating to BBB from A with a negative outlook, saying Madrid was especially vulnerable to a worsening of the eurozone debt crisis.

S&P downgrades Spain by one notch

Last Updated: Friday, October 14, 2011, 09:42

The rating agency cited Spain's high unemployment, tightening credit and high privatesector debt among reasons for cutting the nation's longterm rating to AA from AA.