Fitch affirms Slovakia

Fitch Ratings said it affirmed Slovakia's long-term foreign- and local-currency issuer default ratings at A+, as well as its short-term rating of F1 and country ceiling of AAA.

The outlook is stable.

Slovakia's A+ issuer default rating balances the economy's good growth profile, moderate public and external debt burdens, progress in fiscal consolidation and stable banking sector, against downside risks from an intensification of the euro zone crisis, according to the agency.

© 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.