Thursday, 29 September, the Spanish central Bank announced that it was forecasting growth of Madrid to 3.2 % from 2.7% in April last. Yet, on the political scene, Spain seems to be in a dead end. The country is without a real government for almost a year, and in the beginning of the week, the opposition, the PSOE, has faced a wave of resignations.
Standard & Poor’s announced Friday by the end of the day that it confirmed the long term ratings of BBB+ and short term A-2 in Spain, as well as the stable outlook assigned to them. The rating agency is based on the hypothesis…
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