S&P downgrades Spain by 2 notches to BBB+; The Netherlands reach budget deal

FXstreet Thursday 26th April, 2012

At the NY close, Standard and Poor's rating agency downgraded Spain to BBB+ with outlook negative. The country is just two notches away from entering 'junk' territory. S&P cut on Spain was mainly caused by bleak growth prospects, as pointed out by FXstreet.com on a

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