Tag: Moody
Moody’s downgrades the rating of the oil company YPF after the notice of expropriation
Moody’s announced today that it has lowered the note of Argentina’s oil after the announcement of the Government of Buenos Aires of the partial nationalization of the firm in the hands of the Spanish Repsol and “reflects the uncertainty about how the government the given “. The agency estadouniodense risk rating, according to a press [...]
The deficit remains a “challenge” to Spain, according to Moody’s
The rating agency Moody’s credit risk reported today that fiscal balance in Spain remains a “challenge” despite relaxation of the deficit, estimated at 5.3 percent of GDP by 2012. Moody’s, in its report “Spain: the fiscal outlook remains challenging despite relaxation of the deficit target,” released today in London, believes that fiscal consolidation this year [...]
Moody’s maintains credit rating of Spain, despite new deficit target
The rating agency Moody’s maintained on Monday its deficit target for Spain, although the country can not meet the deficit targets initially set and had to consider a more modest goal to reduce spending. “The relaxation of the target does not affect the A3 rating of government bonds with a negative outlook, and Moody’s had [...]
