MADRID (Reuters) – The agency Standard & amp; Poor’s held on 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 and fiscal policies 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, market speculation to the risks of the recent entry into the Spanish political landscape of the game we anti-austerity can, in a crowded electoral events year.
In a statement, S & P said it raised its growth forecasts Spanish GDP for the period 2015-2016 by 0.3 percentage points to 2.2 percent, with an “upside potential” ie better forecasts.
(Reporting by Thomas Cobos; Edited by Tamara Fariñas Rivas)
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