Standard & Poor

Standard & Poor Improves Outlook for Spain

Standard & Poor's ratings have shown positive signs for Spain by upgrading its outlook to stable for Spain. It has rewarded Spain for moves to reform public finances as well. S&P said the Dutch decision left Germany, Luxembourg and Finland as the only countries with top credit ratings. It was because of worsening growth prospects. Netherlands has been rated as triple A by both Moddy and Fitch.

Standard & Poor's Corp. Downgrades Greece’s Credit Rating

As per recent news, Greece is rated as "selective default" by the Standard & Poor's Corp. in its latest ratings released on Wednesday.

The country's credit ratings were earlier rated at a "CCC" which downgraded to "selective default" in recently reviewed ratings by S&P. Greece is considering debt buyback that is anticipated on December 17, which may get the "CCC" rating back to it.

AustrianTribune Specials

Britain has set itself quite a tough target despite much opposition. The government said that it would aim to reduce carbon emissions to 50% of the 1990 levels by the year 2027. The target is pretty optimistic and the advisers as well as...

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