Moody's Threatens Spain Downgrade - WSJ.com: "Moody's Investors Service warned Wednesday it may downgrade Spanish government debt, citing the country's refinancing needs next year and the strain of recapitalizing its debt-strapped banks.
The ratings company put on review for possible downgrade the Aa1 local and foreign-currency ratings on the debt of the Spanish government and the government-guaranteed Fund for Orderly Bank Restructuring (FROB) bank-bailout fund. The move hurt the recently steady euro by highlighting concerns over the spread of the European debt crisis from peripheral countries...
