Banks in Spain – how safe are they?

Banks in Spain – how safe are they?

Yesterday, Levante (a Spanish newspaper) had an interesting article about banks in Spain following their recent rating by Moody’s.  Moody’s, of course, are an American credit rating agency (like Fitch and Standard and Poor) who analyse the financial position of companies (and governments).  They are very influential and their assessment of a business or government can have a real affect [...]