S&P rating on Spain




S&P raises its Spain rating to "A-"

S&P Raises Its Spain Rating To “A-” With Positive Outlook Of Its Own Accord

In January, Spain terminated its contract with S&P (tired of paying for being knocked done by the ratings agency). S&P then replaced its management team in Spain and now, in March, of its own accord, – because Spain did not ask for the qualification – decided, last Friday, to raise its credit rating on the country by one step, to A- from BBB+, with a “positive” outlook.