Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Gdansk > News item |
Fitch affirms Gdansk
Fitch Ratings said it affirmed the Polish City of Gdansk's long-term foreign- and local-currency ratings at BBB+.
The outlook is stable.
The affirmation reflects Gdansk's satisfactory operating performance and liquidity, although both operating performance and liquidity are deteriorating, Fitch said.
The ratings also factor in Gdansk's wealthy and diversified local economy, which may mitigate the negative impact of the ongoing economic slowdown on the city's budget, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.