spain rating

Time for Spain to get a foreign policy

S&P Maintains Spain’s A Rating, Revises Outlook To Negative From Stable; Moodys Makes No Changes

Rating agency S&P has changed Spain’s rating outlook to “negative” due to the pandemic. While maintaining the country rating at “A,” the agency warns of the coronavirus’ strong impact on Spain’s economy. For this reason it has worsened its perspectives from “stable” to “negative.” S&P also justifies its decision on the possibility that an agreement will not be reached over next year’s budget. 


Spain's left’s inability to unite against the right

First Coalition Government in Spain: Possible consequences

Alvise Lennkh (Scope Ratings) | It is unlikely that the minority government led by the PSOE significantly reduce the structural deficit and debt of Spain, while the proposal for partial repeal of previous labor market and pension reforms could adversely affect employment and sustainability of the pension system. This government coalition does not have a parliamentary majority and, therefore, depends on the support of other parties to pass each law, starting with the next general budget, which will be crucial for the credit rating of Spain (currently in A- / Stable).




rating AA

S&P mantains Spain´s rating without changes

Standard and Poor’s maintained Spain´s rating without changes, at A- with positive perspective. Among the reasons: the uncertainties over the next elections and the tensions in Catalonia.



Forty years of Spanish constitution: What's next?

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.