Moody's raises Spain rating outlook to stable

GMT 22:51 2013 Wednesday ,04 December

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Arab Today

Moody's raised its rating outlook for Spain to "stable" from "negative" Wednesday, citing signs of real improvement in the economy and government finances. "The external accounts continue to improve, the situation in the labor market has stabilized and the private non-financial sector continues to deleverage," Moody's said.  

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