Na de downgrade van Grieks schuldpapier tot de status van ‘junk’, verlaagt Moody’s de kredietstatus van Spanje tot Aa2! De outlook is nog steeds ‘negatief’. Via Bloomberg:
March 10 (Bloomberg) — Spain’s rating was downgraded to Aa2 by Moody’s Investor Service, which said the cost of shoring up the banking industry would be more than the government expects. The “eventual cost of bank restructuring will exceed the government’s current assumptions” of 20 billion euros, the company said, costing 40 to 50 billion euros, while the risks to government finances remain “skewed to the downside,” the company said in a statement today. The outlook is “negative.” The Bank of Spain is due to announce later today the capital shortfalls of lenders under new banking rules, after saying the total capital hole won’t exceed 20 billion euros. As Spain tries to convince investors that struggling savings bank won’t overburden its public finances, European leaders have set a March 25 deadline to approve a “comprehensive” package of measures to end the sovereign debt crisis. Moody’s put the rating on review on Dec. 15, after lowering its credit grade to Aa1 from Aaa in September. Fitch Ratings, which rates Spain AA+, changed the outlook to “negative” on March 4, while Standard & Poor’s rates the nation AA, after stripping it of its top AAA grade in January 2009.