• Standard & Poor’s upgrades Spain’s credit rating to BBB+

Market news

5 October 2015

Standard & Poor’s upgrades Spain’s credit rating to BBB+

Standard & Poor's (S&P) upgraded Spain's credit rating to BBB+ to BBB on Friday. The outlook is stable.

The agency noted that Spain' economy benefited from labour market reforms.

"The upgrade reflects our view of Spain's strong, balanced economic performance over the past four years, which is gradually benefiting public finances," S&P said.

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