Fitch’s Riley Says Spain Measures Brought Progress, Sky Reports

Fitch Ratings Ltd. Managing Director of Sovereign Ratings David Riley told Sky News in an interview that after the Spanish government “started taking some pretty tough decisions” to bring Spain’s public finances under control, the country is “decoupling from developments in Portugal and Ireland in terms of what’s happening in the market, with interest rates and bond yields.” However, the country “is not out of the woods yet,” Riley said.

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