Slovakia's ratings improved

THE INTERNATIONAL rating agency Moody's Investors Service improved Slovakia's long-term liabilities foreign currency rating from level A3 to level A2.

The agency also upped the country’s short-term liabilities rating from P-2 to P-1, according to the Hospodárske noviny daily.

Moody's explained the move by saying that because of the ongoing reforms, a gradual decrease in the public finance deficit is expected.



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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