Spain is at the heart of the European debt crisis. In the space of one year, Spain’s long term credit rating was reduced from AAA to AA, with a negative outlook.
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Thursday 3 July 2025
Spain is at the heart of the European debt crisis. In the space of one year, Spain’s long term credit rating was reduced from AAA to AA, with a negative outlook.
Insurance companies issue this type of bonds to cover the risks associated with "disastrous" events such as earthquakes, typhoons, storms and hurricanes...