Moody's on Wednesday (13 June) was the last ratings agency to strip Spain of its A status, making it harder for the government and banks to borrow money, despite recent bail-out plans.
The US-based agency downgraded Spain from A3 to Baa3 - one notch above so-called 'junk status' where investors are no longer guaranteed a safe repayment on the bonds. It also warned it may soon further downgrade the eurozone country.
Moody's is the last of the three largest ratings agencies to sla...
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