Fitch upgrades foreign currency rating outlook

FITCH Ratings has changed its long-term foreign currency ratings from stable to positive in seven out of the ten EU-acceding states, including Slovakia.

Slovakia currently holds a BBB rating. The other countries affected are Cyprus (A+), Latvia (BBB+), Lithuania (BBB), Malta (A), Poland (BBB+), and Slovenia (A+).

Fitch expects the acceding EU members to reach sovereign credit ratings that would be two to three notches above their current levels when they eventually adopt the euro. That will happen because full membership to the euro area would reduce the risks to sovereign creditworthiness caused by external shocks and imbalances in the balance of payments.

Top stories

Sky by Monika and Bohuš Kubinský

Bratislava is ready for White Night. Here's all you need to know

A manual for the festival and seven sites selected by The Slovak Spectator.


18 h

News digest: Number of cases double in a week, state of emergency not ruled out

Meteorologists issued warnings against intense rainfall for the southern and western districts of Slovakia. There will be regular flights from two Russian cities to Bratislava.


17 h

Connecting families with neurodiverse or differently-abled children

Parents and children from Bratislava, Vienna and surroundings are invited.


16. sep
Iranian comedian Nastaran "Nasi" Alaghmandan Motlagh is one of the faces of the fjúžn festival, which will kick off in Bratislava on September 16, 2021.

Iranian comedian: I tried to be Slovak. It was a move in the wrong direction

In addition to reciting Sohrab Sepehri, stand-up comedian Nastaran "Nasi" Alaghmandan Motlagh speaks about the fjúžn festival and the period in her life when her family left Iran and moved to Slovakia.


14. sep
Skryť Close ad