Merk Interview About Cut in Spain Credit Rating

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May 28 (Bloomberg) -- Axel Merk, president and chief investment officer of Merk Investments LLC, talks with Bloomberg's Lori Rothman about Fitch Ratings' decision to cut Spain's AAA credit grade and the possibility of further downgrades in Europe. Fitch lowered the grade one step to AA+ as Spain struggles to cut debt amid a fiscal crisis that prompted the European Union to forge an almost $1 trillion bailout package. (Source: Bloomberg)

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