View full page at forexfactory.com

 

Fitch Revises Austria's Outlook to Positive; Affirms at 'AA+'

From fitchratings.com

Fitch Ratings has revised the Outlook on Austria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at 'AA+'. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS The revision of the Outlook on Austria's IDRs reflects the following key rating drivers and their relative weights: High Debt dynamics are very favourable as robust medium-term growth, ongoing primary balance surplus, low effective interest rates and long average debt maturity will maintain the gross general government debt/GDP ratio (GGGD/GDP) on a sustained ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News