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S&P downgrades Catalonia to "BB-" with negative outlook

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Córdoba) - Ratings agency Standard & Poor’s downgraded Spanish region of Catalonia to BB- and maintains a negative outlook amid political tensions with the central government and Catalonia's very weak budgetary performance and high debt burden.
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