06/12/2013 00:00
Ratings agency Moody’s has raised its outlook for Spain’s economy from "negative" to "stable". Moody’s said there had been a real improvement in the economy and government finances.Last week, the Standard and Poor’s ratings firms also raised its outlook for Spain on signs of economic improvement.Debt-laden Spain has emerged from a two-year recession, with export growth and companies becoming more confident.But unemployment remains high, at 26%, and economic growth is expected to be shallow.
No comments
To be able to write a comment, you have to be registered and logged in
Currently there are no comments.