​CRIF Ratings highlights that the Outlook for Spanish Corporates in 2017 is Stable but fragile in light of growing political uncertainty in Europe and the US, the unsolved Catalan problem and the weak Spanish minority government. In addition, GDP growth is expected to slow down to around 2.2% in 2017 from 3.1% in 2016. On the other hand, a weak Euro and expected moderate oil prices -albeit on the rise- will continue to support the operating performance of certain important sectors such as tourism and air transportation.
For more information: www.crifratings.com
