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The S&P rating agency maintained Poland's rating at A-/A-2 for long- and short-term liabilities in foreign currencies, respectively, and downgraded the rating for long-...
S&P Global Ratings on Friday evening affirmed Poland's long-term foreign currency rating at A- and lowered its long-term local currency rating to A- from A, the agency announced in a statement. The outlook for both ratings was lowered to negative from stable.
S&P maintained Poland's rating at A- but lowered the outlook to negative. Finance Minister Andrzej Domański responded to the announcement, stating that President Nawrocki was responsible for the downgrade. "Despite the presidential veto, we will continue to take steps to strengthen the country's finances," Domański announced.
S&P Global Ratings on Friday evening affirmed Poland's long-term foreign currency rating at "A-" and lowered its long-term local currency rating to "A-" from "A," the agency announced in a statement. The outlook for both ratings was lowered to negative from stable.
The S&P rating agency lowered Poland's rating outlook on Friday from stable to negative, while maintaining the rating itself at A-.
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