Cyrrus (Cyrrus)
Markets  |  October 23, 2012 10:09:03

Moody's downgraded five Spanish regions of Catalonia, including about 2 degrees


Moody's lowers rating of five Spanish regions by 2 degrees to Ba3 from Ba1. The reason is the poor liquidity, low cash reserves and reliance on short-term loans. Downgrade concerns, inter alia, in Catalonia, which is the largest Spanish region comprising about 20% of the Spanish economy.

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Moody´s snížila rating 5 španělských regionů včetně Katalánska o 2 stupně

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