S&P rating for Spain

More Disappointing News

April 27, 2012

S&P downgraded Spanish debt by two notches to BBB+ from an A rating previously and assigned a continuing negative outlook to such. Spanish unemployment jumped from 22.85% in 4Q11 to 24.44% last quarter, which was only a smidgen less than the historical high point.  Spanish retail sales volume was 3.7% below a year earlier in […] More