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Spain says S&P not taking reforms into consideration

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MADRID (Reuters) - A two-notch downgrade of Spain's sovereign credit rating by Standard & Poor's does not properly take into account reforms announced by the government to reactivate the economy, a spokeswoman for the Economy Ministry said. "They haven't taken into consideration the reforms put forward by the Spanish government, which will have a strong impact on Spain's economic situation," Esther Barranco told Reuters. ...

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