Spain Also Cut At Moody'sJune 13, 2012 @ 5:31 PM EST
Europe Update: Spain Also Downgraded at Moody’s
Moody’s has followed Egan Jones and downgraded Spain to Baa3 from A3
Moody's cites Spanish Government seeking up to €100 Billion of funding from EFSF as reason for downgrade.
Recall that Egan Jones had downgraded Spain by three notches
Other stories on Europe to review:
Eurozone Industrial Production Declines
Spanish Banks To Get 100 Billion Bailout
ECB Leaves Rates Unchanged; Keeps Hope for Action Alive
Germany's Industrial Production Falls
Eurozone Services PMI Show Contraction Continues
- Is Germany Softening Stance on Eurobonds?
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iShares Spain - Last 12 Month
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