Styrian Finance: Outlook Stable Rather than Negative

Kronen Zeitung

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The Styrian financial situation is tense, but now there is a glimpse: the rating agency Standard & Poor's has confirmed the third best value in terms of creditworthiness and has improved the outlook from "negative" to "stable".

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The rating agency Standard & Poor's (S&P) has confirmed the rating AA for Styria as in previous years and has improved the outlook for the future from the last negative to stable.

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Rating agency Standard & Poor's raises the outlook for the state of Styria from "negative" to "stable" and identifies cost savings as a reason for outlook appreciation. The rating "AA" has been confirmed.