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S&P downgrades Spain two notches, to BBB+ from A, with a negative outlook. The ratings agency says it expects "Spain's budget trajectory will likely deteriorate against a background of economic contraction in contrast with our previous projections."

S&P downgrades Spain two notches, to BBB+ from A, with a negative outlook. The ratings agency says it expects "Spain's budget trajectory will likely deteriorate against a background of economic contraction in contrast with our previous projections." 3 comments!
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