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Thursday, September 30, 2010

Spain Credit Rating downgraded

Thursday, September 30, 2010
Spain Credit Rating downgradedMoody’s Investors Services downgraded Spain’s credit rating by one notch to “Aa1” with a stable outlook from “Aaa” as the nation’s outlook “Weakened.”  Spain Prime Minister Jose Luis Zapatero is preparing to pass the biggest ascetic budget plan in nearly three decades while also trying to convince lenders and investors that Spain’s deficit will narrow and the

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