Ares
28th September 2010, 05:26 AM
By Barbara Kollmeyer
MADRID (MarketWatch) -- Analysts believe Moody's Investors Service could downgrade Spanish debt from its current AAA rating this week, according to several media reports published Tuesday. At the end of June, Moody's threatened to cut its rating by two notches and put it under a three-month review owing to deteriorating economic conditions. That deadline expires this week and analysts believe Moody's may need to catch up with Standard & Poor's and Fitch, which have already cut the debt rating of Spain to AA.
http://www.marketwatch.com/story/moodys-may-downgrade-spain-reports-2010-09-28
MADRID (MarketWatch) -- Analysts believe Moody's Investors Service could downgrade Spanish debt from its current AAA rating this week, according to several media reports published Tuesday. At the end of June, Moody's threatened to cut its rating by two notches and put it under a three-month review owing to deteriorating economic conditions. That deadline expires this week and analysts believe Moody's may need to catch up with Standard & Poor's and Fitch, which have already cut the debt rating of Spain to AA.
http://www.marketwatch.com/story/moodys-may-downgrade-spain-reports-2010-09-28