Friday, October 12, 2012

Complete Collapse? 'EU on a Wing and a Prayer, Hoping For The Tooth Fairy'



11 October 2012

Almost junk - that's the grim verdict on Spain's credit rating coming from the influential agency Standard and Poor's. In the latest blow to the cash-strapped economy, S&P downgraded Madrid's debt score by two notches. For more, RT talks to Patrick Young, the executive director of investment consultancy DV advisors.

Source:  The Telegraph UK

1 comment:

Anonymous said...

As we know, it's only a matter of time.

M.B.