Spectator on facebook

Spectator on facebook

S&P confirms Slovakia’s rating

STANDARD & Poor’s affirmed Slovakia’s long-term sovereign credit rating at an A level, and its short-term rating at A1, with a stable outlook, the Reuters agency informed on January 31.

STANDARD & Poor’s affirmed Slovakia’s long-term sovereign credit rating at an A level, and its short-term rating at A1, with a stable outlook, the Reuters agency informed on January 31.

The credit rating agency said the rating reflects expectations that the government will stabilise its debt burden through fiscal consolidation and maintaining a stable banking sector, and that its external debt will remain low.

"We believe these strengths are offset by economic challenges, including high structural and youth unemployment, and low labour activity rates and wealth, which still lag behind its eurozone peers," S&P said in a statement, as quoted by Reuters.

Source: Reuters

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

Top stories

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.

It’s not easy being an ‘alien’ in Slovakia

Are Slovaks scared of foreigners? The stories of those who are trying to make their homes here suggest that ignorance and bureaucratic inertia, rather than fear, cause more problems.

Dealing with state offices may be difficult and time-demanding.

President Kiska uses train for first time Photo

After criticism from coalition MPs for flying and a troublesome car trip, Slovak President Kiska to commute to Bratislava by international train, boarding it in his hometown of Poprad.

President Kiska gets off the IC train in Bratislava.