American index S & P 500 fell on Friday under the influence of this news on 1,2%, the euro in the first minutes after the ads have lost against the dollar, a penny. For the week the euro fell to 2,4% - to $ 1.2273, the results of May - on 7,7%, according to data the agency Bloomberg.
Crude oil futures have fallen in price in New York on Friday at 0,8% - to $ 73.97 per barrel
Fitch, depriving Spain highest rating, indicated its not really good economic prospects (GDP growth in 2011 is estimated the rating agency, only 0,5%) and high level of national debt. Earlier, a similar decision taken in respect of Spanish agency Standard & Poor's.
We remind members of parliament voted in Spain on Thursday for approval of the Government's plan to reduce the budget deficit. During the plan supported 169 deputies, 168 voted against. The plan calls for reduction of budget expenditures by 15 billion euros.
In particular, the planned reduction in wages and a sharp reduction in government spending to reduce the budget deficit from the current 11% to 6% of GDP in 2011. The International Monetary Fund predicts Spain's decline in GDP in 2010 to 0,4%.
Plans to reduce spending in the last few days have been declared as in Portugal, the UK, a number of other countries.
As reported, the international rating agency Fitch points continuation of positive trends in banking ratings in the first quarter of 2010.
Fitch, depriving Spain highest rating, indicated its not really good economic prospects (GDP growth in 2011 is estimated the rating agency, only 0,5%) and high level of national debt. Earlier, a similar decision taken in respect of Spanish agency Standard & Poor's.
We remind members of parliament voted in Spain on Thursday for approval of the Government's plan to reduce the budget deficit. During the plan supported 169 deputies, 168 voted against. The plan calls for reduction of budget expenditures by 15 billion euros.
In particular, the planned reduction in wages and a sharp reduction in government spending to reduce the budget deficit from the current 11% to 6% of GDP in 2011. The International Monetary Fund predicts Spain's decline in GDP in 2010 to 0,4%.
Plans to reduce spending in the last few days have been declared as in Portugal, the UK, a number of other countries.
As reported, the international rating agency Fitch points continuation of positive trends in banking ratings in the first quarter of 2010.
Adapted from:Interfax-Ukraine
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