(Reuters) - Ratings agency Moody's said on Wednesday it had put Spain on review for a possible downgrade because of its high funding needs and doubts about its banking sector and regional finances, prompting the euro to slide.
However, the agency said it did not expect Madrid to have to resort to an EU bailout as Greece and Ireland have.
"Moody's does not believe that Spain's solvency is under threat and in its base case assumptions does not expect the Spanish government to have to ask for EFSF liquidity support," Moody's lead analyst on Spain Kathrin Muehlbronner said in a statement.
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