Moody's to review Slovakia's rating

MOODY's Investors Service has placed Slovakia's ratings on review for a possible upgrade.

The ratings review has been prompted by the macro and micro consequences of several years of successful structural reforms carried out by the coalition governments that have been in power since 1998, SITA new agency reported on October 6.

The following ratings are on review for a possible upgrade: the foreign currency country ceiling for medium-to-long term bonds (currently, A3); the foreign currency rating of outstanding medium-to-long term bonds of the Slovak Republic (A3); the local currency rating for medium-to-long term bonds of the Republic of Slovakia (A3); and the foreign currency bank deposit ceiling (A3).

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

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