Quote:
Originally Posted by onwebcam
S&P strips Spain of its AAA credit rating
Standard & Poor's has stripped Spain of its coveted AAA status in the first such move against a top-rated country since the global crisis began, reflecting the deep damage suffered by Spanish public finances as the debt bubble bursts.
S&P strips Spain of its AAA credit rating - Telegraph |
Russia currently stands at "BBB" if Russia is so great in your mind it seems Spain/Iceland have nothing to fear..
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