Tuesday, 10 April 2012

S&P says, Rain In Spain - '... economy could contract by up to 4% in 2012'


http://www.fundweb.co.uk/1049364.article?  ' Standard & Poor’s, a rating agency, says the economy could contract by up to 4% this year if a worst-case scenario develops in the eurozone. In any case, Spain is likely to be the last large European economy to shrug off a recession, even after Italy, according to the firm. '

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