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Rating Agency Continues to Rate Styria with Aa
Summary by Salzburger Nachrichten
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The rating agency Standard & Poor's has again certified AA to the state of Styria. However, the outlook for the future has been devalued from stable to negative, which means the preliminary stage for a possible reduction to the next lower rating AA-. The agency "justifies the negative outlook with the uncertainty whether Styria can sustainably reduce its budget deficit", the country informed in a message on Saturday.
·Salzburg, Austria
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