Spain deals with downgrade
Ratings agency Fitch has lowered Spain’s credit rating
They dropped the country from a AA+ to AA-.
Trading has managed to stay up slightly, avoiding a feared crash after the downgrade.
Spain’s debt has also remained stable.
Analysts say there is still confidence in Spain, and that the country’s credit rating isn’t especially bad.
Video: Marvin Ryder from the DeGroote School of Business on the debt downgrade:
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