Announcements
Drinks
16/7/2021 Rating announcement EN
Scope revises Outlook on Spain’s A- rating to Stable
The improving economic outlook, reform momentum, EU monetary and fiscal support and relative government stability drive the Outlook change. High public and external debt and weak demographics, curbing growth and fiscal consolidation, are challenges.
21/8/2020 Rating announcement EN
Scope revises the Outlook on Spain’s A- rating to Negative
Deteriorating public finances and declining growth potential drive the Outlook change. Forceful European monetary and fiscal policies, and resilient debt profile support near-term debt sustainability and the rating.
18/5/2018 Rating announcement EN
Scope affirms Spain’s credit rating of A- with Stable Outlook
A resilient economic recovery and a reduction of economic, fiscal and external imbalances support the rating; high public and external debt, elevated unemployment, limited structural fiscal adjustment, and political fragmentation are constraints.
30/6/2017 Rating announcement EN
Scope confirms and publishes Spain’s credit rating of A- and changes the Outlook to Stable
Euro area membership, large and diversified economy, resilient economic recovery, reform commitment and improving bank sector support ratings. Constraints are high unemployment and external debt, fiscal imbalances coupled with political uncertainties.
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