Spain | OTC Capital Partners
Sunday, February 5, 2012

Fitch cuts Italy, Spain, other euro zone ratings

Posted by Reuters: Business News on January 28, 2012

NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.



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Fitch cuts Italy, Spain, other euro zone ratings

Posted by Reuters: Business News on January 27, 2012

NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.



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Chinese growth hopes lift stocks, euro

Posted by Reuters: Business News on January 17, 2012

LONDON (Reuters) – A slightly brighter picture for global economic growth countered concerns over Europe’s debt crisis on Tuesday, lifting shares and the euro, but German data, Greek default fears and a looming debt sale by Spain were set to test sentiment.



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JPMorgan could lose $5 billion from PIIGS exposure: report

Posted by Reuters: Business News on January 14, 2012

MILAN (Reuters) – JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.



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Italy bond auction fails to match Spain success

Posted by Reuters: Business News on January 13, 2012

MILAN (Reuters) – Italy’s three-year debt costs fell below 5 percent at the country’s first longer-term bond sale of the year on Friday but demand failed to live up to the success of a Spanish sale the previous day, pointing to challenges ahead as Rome tackles a heavy refinancing load in the next few months.



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Euro, stocks up ahead of Italian debt sale

Posted by Reuters: Business News on

LONDON (Reuters) – European shares and the single currency rose on Friday after positive comments on the region’s outlook from the European Central Bank and the success of Spain’s bond auction, with attention focused on Italy’s first debt sale of the year.



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Wall Street rallies as euro zone worries ease

Posted by Reuters: Business News on December 20, 2011

NEW YORK (Reuters) – Stocks rebounded sharply Tuesday as a drop in Spain’s borrowing costs and unexpectedly strong economic data from Germany eased euro zone debt worries.



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Wall Street rebounds at open

Posted by Reuters: Business News on

NEW YORK (REUTERS) – Stocks rebounded at the open on Tuesday after declines in the prior session and as a drop in Spain’s borrowing costs and unexpectedly positive economic data from Germany eased euro zone debt worries.



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Spain auction, German data lift futures

Posted by Reuters: Business News on

NEW YORK (Reuters) – Stock index futures rose Tuesday, indicating equities will rebound from declines in the prior session as a drop in Spain’s borrowing costs and unexpectedly positive data from Germany eased euro zone debt worries.



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Comprehensive euro zone deal "beyond reach": Fitch

Posted by Reuters: Business News on December 17, 2011

ROME/BERLIN (Reuters) – A comprehensive solution to the euro zone debt crisis is beyond the region’s reach, rating agency Fitch said, warning that six of its economies including Italy and Spain could be hit with credit downgrades in the near future.



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