S&P affirms Spain credit rating, cautious on outlook
World BusinessAug 1, 2012
MADRID (AFP) -- Standard and Poor's on Wednesday affirmed Spain's credit rating at BBB+ with the outlook still negative on fears that measures to help the eurozone struggler will fall short."In our view, Spain's commitment to the ongoing implementation of a comprehensive fiscal and structural reform agenda remains strong," S&P said, referring to a raft of new austerity measures passed by the conse