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Moody’s waiting on Slovak decision

Finance Minister Brigita Schmognerová reported yesterday that the Moody’s rating agency was waiting until the passage of several tax laws in parliament, and asking for guarantees of fiscal stability after 2002 elections, before re-evaluating Slovakia. The country was stripped of its investment grade rating in 1998 under the previous Mečiar government, but under the Dzurinda administration has been working towards earning its ratings level back.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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