NOT FOR REPRINT
Page Printed from: treasuryandrisk.com/global-markets/economy/?page=208
Sign In To follow
New governing coalition seeks to postpone fiscal deadlines by at least two years.
Biggest depreciation for emerging markets since 1998 is expected to worsen.
European Central Bank relaxes its rules on collateral for loans it makes to banks.
Prime Minister Rajoy has lost credibility since his election seven months ago.
Stocks and bonds move higher after Moodys cuts its ratings on 15 global banks.
Credit Suisse rating lowered three notches, Morgan Stanley by two.