Fitch Slashes Spain Rating By Three Notches To "bbb"

NEW YORK/MADRID (Reuters) - Spain's credit rating was slashed by three notches on Thursday by Fitch, which signaled it could make further cuts as the cost of restructuring the country's troubled banking system spiraled and Greece's crisis deepened.

Sections:  news   world   
RELATED ARTICLES
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
BING NEWS:
  • Fitch slashes credit ratings of Japan's biggest banks
    However, Fitch said in May that Japan's debt load was projected to hit 239pc of output by year's end, "by far the highest for any Fitch-rated sovereign" debt, outpacing Spain ... The long-term rating was cut by two notches to BB- from BB+ with a negative ...
    07/20/2012 - 2:17 am | View Link
  • Fitch slashes Spain rating by three notches to "BBB"
    NEW YORK/MADRID (Reuters) - Spain’s credit rating was slashed by three notches on Thursday by Fitch, which signaled it could make further cuts as the cost of restructuring the country’s troubled banking system spiraled and Greece’s crisis deepened.
    06/7/2012 - 8:09 pm | View Link
  • Fitch slashes Spain rating by three notches to "BBB"
    NEW YORK/MADRID (Reuters) - Spain's credit rating was slashed by three notches on Thursday by Fitch, which signaled it could make further cuts as the cost of restructuring the country's troubled banking system spiraled and Greece's crisis deepened.
    06/7/2012 - 4:46 pm | View Link
  • Fitch slashes Spain rating to BBB
    Fitch has slashed Spain's sovereign credit rating by three notches to BBB, signalling it can make further cuts as the cost of restructuring the country's troubled banking system spiralled. Thursday's new rating was the country's lowest among the three main ...
    06/7/2012 - 3:33 pm | View Link
  • Fitch slashes Spain credit rating by three notches
    FITCH Ratings slashed Spain's sovereign credit rating by three notches overnight, citing ballooning estimates of the cost of a banking crisis, mushrooming debt and a deepening recession. The long-term rating was chopped to BBB from A and left with a ...
    06/7/2012 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Fitch Slashes Spain’s Credit Rating 3 Notches To BBB, Puts ...
    Fitch downgrades Spain’s sovereign debt credit rating to BBB while warning that the US and several other European nations face cuts in the near future. Fitch has ...
    10/16/2017 - 5:37 pm | View Website
  • Fitch slashes Spain credit rating by three notches
    Fitch Ratings slashed Spain's sovereign credit rating by three notches Thursday, citing ballooning estimates of the cost of a banking crisis, mushrooming debt and a ...
    09/14/2017 - 6:29 pm | View Website
  • Moody's slashes Spain debt ratings three notches ...
    Moody's slashes Spain debt ratings three notches. June 13, 2012 ... Fitch Ratings cut Spain's rating by three notches on June 7 to BBB ...
    06/13/2012 - 5:53 pm | View Website
  • Fitch slashes Spain rating by three notches to "BBB ...
    NEW YORK/MADRID (Reuters) - Spain's credit rating was slashed by three notches on Thursday by Fitch, which signaled it could make further cuts as the cost ...
    06/7/2012 - 11:44 pm | View Website
  • Fitch slashes Spain credit rating by three notches
    FITCH Ratings slashed Spain's sovereign credit rating by three notches overnight, citing ballooning estimates of the cost of a banking crisis, mushrooming debt and a ...
    06/7/2012 - 7:55 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News