Complete Collapse: 'EU on wing and prayer, hoping for tooth fairy' [Patrick Young © RT]
- uploaded: Oct 12, 2012
- Hits: 532
Almost junk - that's the grim verdict on Spain's credit rating coming from the influential agency Standard and Poor's. In the latest blow to the cash-strapped economy, S&P downgraded Madrid's debt score by two notches. For more, RT talks to Patrick Young, the executive director of investment consultancy DV advisors.