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Spain Also Cut At Moody's

June 13, 2012 @ 5:31 PM EST

by The "State" Team

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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:

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