cloudfront

SP Raises Outlook On Austria On Debt-Focused Financial Plan

30 Jan 2013


Immigration News

Standard & Poor's Ratings Services raised its outlook on Austria to stable from negative, saying it expects the country's economy will cope well with negative impacts from the European sovereign-debt crisis.

S&P also affirmed the country's double-A-plus rating, which is one notch below a top-grade triple-A rating.

The rating firm added that it expects Austria's government to follow its stricter consolidation path and reforms as outlined in its financial plans, which place a priority on reducing financial deficits and debts. S&P also factored in its expectation that the banking industry will increase capital from current levels, which it sees as weak.

S&P said Austria's rating is supported by the country's stable government and predictable economic policies, as well as its wealthy, diversified and competitive economy.

The rating firm added that the likelihood of an upgrade of Austria is "low in the next few years."

Source: http://online.wsj.com/article/BT-CO-20130129-703722.html


QUICK ENQUIRY

  •  I agree to the Privacy Policy
Thank you so much. We are pleased to associate ...

Rxxxxxx xxxxxx
Canada

CANADA VISA ( FEDERAL ...

Your team was very helpful in following up ...

Jxxxxxxxx xxxxxxxx
Australia

AUSTRALIAN VISA...

Thank you very much for all the guidance ...

Vxxxxxx xxxxxxx
Australia

AUSTRALIAN VISA...

Opulentus has been very helpful. My case officers ...

Vxxxxxxx xxxxxxxxxxxxxN
Australia

AUSTRALIAN VISA...

I am very glad to choose Opulentus. Thanks to ...

Pxxxxxx xxxxxxR
Australia

AUSTRALIAN VISA...

The team at Opulentus has been very helpful ...

Lxxxxxxx xxxxxx
Australia

AUSTRALIAN VISA...

I thank you very much for all the ...

Pxxxxxxxx xxxxxx
Australia

AUSTRALIAN VISA...

I am very happy and pleased with the ...

Bxxxxxxx xxxxH
Australia

AUSTRALIAN VISA...

Thanks a lot Opulentus for your patience and ...

Rxxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Two Year Canadian Dream One day when I woke ...

Sxxxxx xxxxxL
Canada

CANADA VISA ( FEDERAL ...

View All