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Why S&P Downgraded Spain

Thu 11 Oct 12 | 03:23 AM ET
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Why S&P Downgraded Spain

Thu 11 Oct 12 | 03:23 AM ET
Moritz Kraemer, managing director for European sovereign ratings at S&P, tells CNBC why Standard & Poor's downgraded Spain's credit rating to just above junk status.
 
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