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Rating Agency Appreciates Austerity Rate: Outlook for Styria From "Negative" to "Stable" Turned
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The rating agency Standard & Poor's has confirmed the "AA-Rating of Styria. At the same time, the outlook for the further development from "negative" to "stable" was raised. The reasons are the efforts of the state government in the area of budget consolidation. STEIERMARK. Only last autumn, the rating agency Standard & Poor's had the outlook for the development of Styria reduced from "stable" to "negative." As a reason, it called the uncertaint…
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