S&P raises Slovakia's credit rating

STANDARD & Poor's ratings agency has strengthened Slovakia's long-term foreign currency sovereign credit rating from BBB+ to A-. It also says the outlook is now positive, not just stable. Slovakia has the potential for the further upgrading its rating.

"The upgrade reflects ongoing progress with the government's ambitious reforms of public finances and of the structure of the economy, coupled with a very healthy outlook on growth and strong foreign direct investment inflows," Standard & Poor's credit analyst Kai Stukenbrock told the TASR news agency.

Top stories

News digest: Schools across Slovakia are closing

Problems with regional buses in Bratislava persist. Meteorologists issue warnings against snow for Tuesday and Wednesday.


5 h
Illustrative stock photo

Regional hygienists starting to close schools

Schools in 11 districts have switched to remote learning so far.


5 h
Miroslava Sotáková

The great thing about Slovakia is the lack of crowds, says Slovak living in New York

Miroslava Sotáková works for Google and is bringing up three kids in New York.


14 h
Online shopping, illustrative stock photo.

Online scams spiked during Black Friday

Experts recommend double-checking discounts.


29. nov
Skryť Close ad