Saturday, April 11, 2015

Political uncertainty slows the rating of Spain – CNNExpansión.com

MADRID (Reuters) – The agency Standard & amp; Poor’s affirmed Friday Spain’s rating with a stable outlook, believing that economic reforms put Spain in a “favorable position” to take advantage of the weak euro, low oil and monetary easing by the ECB.

However, S & P said there is political risk impeding yet improved note

“We believe that uncertainties about a potential change of macroeconomic policies and. Prosecutors are still present in a year of general and regional elections, “said the agency, who left the note of the Spanish debt ‘BBB / A-2′.

After the victory of leftist party Syriza in Greece, the market is speculated risks of the recent entry into the Spanish political landscape party anti-austerity we, in a crowded electoral events year

In a statement, S & amp;. P said it raised the growth forecasts Spanish GDP for the period 2015-2016 by 0.3 percentage points to 2.2% with an “upside potential”, ie better forecasts.

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