Moody's raises Slovenia to Aa2

Moody's Investors Service said it raised Slovenia's foreign and local currency government bonds to Aa2 with a positive outlook from Aa3 to reflect Moody's view that the country has benefited in recent years from a competent and consistent approach to macroeconomic policy.

The foreign currency bank deposit ceiling was also upgraded to Aa2 with a positive outlook from Aa3 while the foreign currency ceiling for bonds remains Aaa.

Slovenia's key macroeconomic indicators and debt ratios compare favorably with those of its European Union neighbors rated in the middle and higher Aa categories, Moody's noted.

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