S&P set to downgrade Spain, France, Portugal, Italy
Euro-zone member countries have been under review since December
Standard & Poor's was poised on Friday to announce a downgrade of Spain's sovereign rating along with those of France, Italy, Portugal and Austria, according to sources close to the decision.
S&P had placed the ratings of euro-zone member countries under review for possible downgrade in December, citing increased systemic stresses in the single-currency bloc as a whole that had put downward pressure on its credit standing. The review took place after a European Union summit meeting failed, in S&P's opinion, to fully address the problems facing the bloc.
The sources said Spain, Italy and Portugal's ratings are expected to be cut by two notches, leaving them at A, BBB+ and BB respectively. Both France and Austria will lose their triple-A status and will be downgraded to AA+.
French news agency AFP quoted a source as saying that S&P left Germany, Luxembourg and the Netherland's maximum ratings intact.
Tu suscripción se está usando en otro dispositivo
¿Quieres añadir otro usuario a tu suscripción?
Si continúas leyendo en este dispositivo, no se podrá leer en el otro.
FlechaTu suscripción se está usando en otro dispositivo y solo puedes acceder a EL PAÍS desde un dispositivo a la vez.
Si quieres compartir tu cuenta, cambia tu suscripción a la modalidad Premium, así podrás añadir otro usuario. Cada uno accederá con su propia cuenta de email, lo que os permitirá personalizar vuestra experiencia en EL PAÍS.
En el caso de no saber quién está usando tu cuenta, te recomendamos cambiar tu contraseña aquí.
Si decides continuar compartiendo tu cuenta, este mensaje se mostrará en tu dispositivo y en el de la otra persona que está usando tu cuenta de forma indefinida, afectando a tu experiencia de lectura. Puedes consultar aquí los términos y condiciones de la suscripción digital.
