(Received by e-mail) Credit ratings agency Standard & Poor's warned Spain Friday that its weak economic growth prospects could undermine its plan to rein in its budget deficit, making a debt downgrade even more likely. Though short of the levels being posted in Greece, investors are increasingly worried about Spain's budget deficit - and skeptical about the government's ability to push through sharp cutbacks to right the situation. The government has announced both tax rises and spending cuts - not all yet specified - to reduce its deficit back towards the 3 percent limit that euro rules prescribe.>
