Fitch slashes Spain rating by three notches to “BBB”

Posted on 07. Jun, 2012 by Collections Recon in World News

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.

Fitch slashes Spain rating by three notches to “BBB” – Originally posted June 7, 2012