| Author (Person) | Mallet, Victor |
|---|---|
| Series Title | Financial Times |
| Series Details | 30.9.10 |
| Publication Date | 30/09/2010 |
| Content Type | News |
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Moody’s, the credit rating agency, downgraded Spain’s government bonds on the 30 September 2010, citing weak economic growth, a deterioration of financial strength and higher borrowing needs. The downgrade by Moody’s by one notch from its top rating of AAA to Aa1 makes it the last of the three big rating agencies to downgrade Spain as a result of the global economic crisis. |
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| Countries / Regions | Spain |
