Moody's confirms Spain's rating, outlook negative
World BusinessOct 17, 2012
Moody's Investors Service on Tuesday confirmed its rating on Spain's government debt but assigned a negative outlook, signaling that a downgrade is still possible in the coming months.The rating agency said Spain's efforts to improve its financial position and the European Central Bank's willingness to lend support should give the government the time and flexibility it needs to stabilize its publi