Moody's Cuts Poland's Credit Rating to Lowest Level Since 2002
21 Articles
21 Articles
Moody's downgraded Poland's sovereign debt rating by one notch on Friday due to persistently high budget deficits and deteriorating debt sustainability indicators. The country has one of the highest deficits in the EU, and the rating agency expects the deficit to remain around 7 percent of GDP in 2026 and 2027. However, the outlook for the rating was upgraded from negative to stable, expecting that deficit reduction could begin after the 2027 el…
The rating agency Moody's looks more optimistically at the creditworthiness of Greece. Poland's credit rating declines a continuing deterioration in the budgetary situation from "A2" to "A3" .
Moody's announced in a statement that it has lowered Poland's long-term foreign currency rating by one notch, from A2 to A3. The rating outlook is stable.
Rating agency Moody's has downgraded Poland's rating from A2 to A3 with a stable outlook. Moody's made the decision in light of the continued deterioration of Poland's public finances, with a persistently large budget deficit and rising debt.
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