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Moody's raises Spain credit rating

05.12.13 @ 09:12

  1. By EUOBSERVER

Moody's on Wednesday raised Spain's credit rating outlook from "negative" to "stable". The credit rating agency said Spain's public finances are showing improvement but maintained a Baa3 rating for government bonds, the lowest-investment rating. Credit rating agencies S&P and Fitch had also previously raised outlooks for the country.

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