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Bailout Fears Grow as Fitch Downgrades Spain

Credit rating is now just two notches above junk status

By the Associated Press

Posted Jun 7, 2012 2:11 PM CDT

(AP) – More bad news for Spain in particular and Europe in general: Fitch downgraded Spain's credit rating from A to BBB today, two notches above junk, and said the nation may need as much as $126 billion to bolster its banking system. That's way...   Read full story »

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