Bloomberg News

Spain Liquidity Support to Regions Credit Positive, Moody’s Says

January 23, 2012

Jan. 23 (Bloomberg) -- Measures by the Spanish government to address deficits and support liquidity for the nation’s 17 regions are credit positive, Moody’s Investors Service said.

The plan announced on Jan. 17 by Spanish Budget Minister Cristobal Montoro addresses the regions’ limited access to capital markets and bank loans, Moody’s said in its Weekly Credit Outlook.

To contact the reporter on this story: Rocky Swift in Tokyo at rswift5@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net


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