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

  • Send me regular updates and alerts
Two Year Canadian Dream One day when I woke ...

Sxxxxx xxxxxL
Canada

CANADA VISA ( FEDERAL ...

Really good service provided on all the steps. ...

Pxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Skills assessment Approved. ...

Sxxxxxxxx xxxxxxxxxxU
Canada

ACS RESULT...

Hi, We have had a pleasant experience with Opulentus. ...

Axxxx xxxxx
Australia

AUSTRALIAN VISA...

Thanks a lot to the whole team for ...

Axxxxxxxx xxxxxE
Australia

AUSTRALIAN VISA...

Hello, The experience overall was very nice.Right from start,I ...

Gxxxxxx xxxL
Australia

AUSTRALIAN VISA...

I am writing to let you know how ...

Pxxxxxxxx xxxxxxI
Australia

AUSTRALIAN VISA...

Appropriate guidance at each and every step. Opulentus ...

Nxxxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Got it within time frame of 5 months ...

Axxxx xxx
Australia

AUSTRALIAN VISA...

Thanks for your valuable and professional support in ...

Sxxxxxxxxx xxxxxxI
Australia

AUSTRALIAN VISA...

View All