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Tag Results for "Eurocrisis Spain"

“Modest” Recovery Predicted for Spanish Economy in 2014

The economy will contract 1.5 percent this year and will experience a "modest" recovery in 2014, when the gross domestic product will expand by 0.60 percent, the Bank of Spain said Tuesday. continue reading »

Spain’s S&P Credit Rating Cut, Nears Junk Status

Rating agency Standard & Poor's said Wednesday that it now rates Spain's sovereign debt as BBB-minus, one notch above junk status. continue reading »