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IN SHORT

Moody's upgrades Slovakia's bond ratings

MOODY's Investors Service has upgraded the rating of Slovakia's long-term foreign-currency bonds from A2 to Aa1. The rating outlook was changed from positive to stable.

Moody's said that a new approach to setting its foreign-currency country ceilings for bonds has resulted in upgraded ceilings for 70 countries including Poland, the Czech Republic and Hungary.

Country ceilings already carrying Moody's top rating of Aaa were unaffected by the new methodology, and no country ceiling was downgraded as a result of the revised approach.

The agency's thinking in favour of greater flexibility in the application of country ceilings has reflected the deepening of international capital markets since the 1990s, the SITA news agency wrote.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.