Standard & Poor’s affirms Slovakia’s A+ rating but cuts outlook to negative - The Slovak Spectator

Standard & Poor’s affirms Slovakia’s A+ rating but cuts outlook to negative - The Slovak Spectator

S&P maintains strong rating but sounds alarm over global uncertainties and car industry risks.

The consolidation of public finances and the impact of US tariffs on the Slovak economy will be key to Slovakia's future rating. This was pointed out by Matej Horňák, a macroeconomic analyst at Slovenská sporiteľňa, in connection with the decision of the S&P agency, which on Friday (April 25) confirmed Slovakia's rating at A+, but changed its outlook from stable to negative. It seems that the disaster of the trade war is averted for now. Trump …