01.04.2017 08:38:51
|
S&P Lifts Spain's Rating Outlook
(RTTNews) - Standard & Poor's raised the sovereign rating outlook of Spain to 'positive' and affirmed the rating at 'BBB+', late Friday.
The rating outlook was revised up from 'stable' citing strong and balanced economic performance. The positive outlook suggests that the rating could be upgraded within next two years.
The agency said the economy is likely to expand 2.5 percent in 2017.