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Standard & Poor's has downgraded Spain debt rating to AA; blames subdued economic growth

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Apr 28th, 2010 at 11:40:11 AM EST
Fitch followed up yesterday, in response to the fiscal austerity measures passed the day before.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Sat May 29th, 2010 at 05:24:45 AM EST
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