SPAIN: Election result raises political uncertainty

 * ‘Credit negative’ says Moody’s * Spain’s (Baa2 positive) inconclusive parliamentary election has increased political uncertainty and raised doubts about the future government’s ability and willingness to continue with structural reforms and

CYPRUS: NPLs at 47.79% of all loans in September

Non-performing loans (NPLs) at Cypriot banks decreased in September, Central Bank figures showed on Monday. The Non performing Exposures (according to ECB definition) decreased slightly in September to EUR 27.329 bln from