THE INTERNATIONAL rating agency Moody's Investors Service has raised 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.
24. Jan 2005 at 0:00 | From press reports