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Austria's Credit Rating Downgraded to 'AA' by Fitch, Outlook Stable

Summary by breakingthenews.net
Fitch Ratings downgraded Austria's Long-Term Foreign Currency Issuer Default Rating (IDR) from AA+ to AA, assigning a stable outlook, according to a statement published on Friday.Fitch stated that the...

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Lean Left

Slovenia received the highest credit rating among Central and Eastern European countries.

·Ljubljana, Slovenia
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Lean Right

According to the rating agency, the fiscal and macroeconomic outlook has continued to deteriorate, with credit rating for long-term bonds falling from ‘AA+' to ‘AA'.

·Vienna, Austria
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The international rating agency Fitch Ratings has downgraded Austria's credit rating by one notch to AA. It pointed to the country's deteriorating macroeconomic and budgetary prospects. The rating outlook is stable, however. This signals that the agency does not expect any further rating adjustments in the foreseeable future.

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Bloomberg broke the news in United States on Friday, June 6, 2025.
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