Fitch Slashes Spain's Credit Rating

Fitch downgraded Spain's sovereign debt to a lower investment grade Friday, adding to continued concerns about European contagion.

Topics:  spain   european   fitch   
BING NEWS:
  • Counting the cost of Spain's hellish floods, the government pledged $11B, local officials want $34B
    Spain's Valencia province was hit hard by floods last week. The government has pledged $11 billion to help it recover, but local officials want more.
    11/5/2024 - 2:02 am | View Link
  • Spain's banks offer loan moratorium for households, businesses affected by floods
    Spanish banks have offered mortgage holders, the self-employed and small businesses affected by the floods in southeast Spain a three-month loan moratorium during which they will not have to make ...
    11/5/2024 - 1:16 am | View Link
  • Spain's Q3 GDP Expands 0.8% From Previous Quarter
    On an annual basis, Spain's third-quarter economic output expanded by 3.4%, above the average estimate of 3.0% in the Reuters poll, and accelerating slightly from a revised 3.2% in the preceding ...
    10/29/2024 - 9:41 pm | View Link
  • A Month’s Worth of Rain Falls in a Single Day in Parts of Spain
    The deluge flooded streets, breached rivers and destroyed crops along the Mediterranean coast. There could be more rain still to come.
    10/29/2024 - 7:30 am | View Link
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