Saturday, June 5, 2010

Spanish economy in red. 29.05.2010.

Credit-rating agencies have designated Spain a Triple A credit-rated economy. Ratings denote how good a country is at paying back interest on a loan. One agency claims Spain is so crippled by debt that it will be making only an L-shaped recovery( lengthy, with little sign of improvement.)

Spanish Bull in ring
faces economic flag
(tattered, in the red).

Triple A-rated
Spain needs Duracell boost for
El-shaped recovery.