35870
Finland Stable at Triple-A
World Economy

Finland Stable at Triple-A

Moody’s gave no update on Finland’s credit rating, leaving the recession hit Nordic country among the few eurozone members with two top notch triple-A ratings, Reuters reported. Finland’s economy has yet to return to its 2008 output levels because of a string of setbacks, including the decline of Nokia’s former phone business and recession in neighboring Russia. Markets were expecting Moody’s to downgrade Finland’s rating to AA+. Standard & Poor’s cut Finland to AA+ already in 2014, and it now has a negative outlook for that rating. Fitch still rates the economy AAA, with a negative outlook.

Short URL : http://goo.gl/ju4UH3
  1. http://goo.gl/FDTjcU
  • http://goo.gl/tiI8oR
  • http://goo.gl/rFkKfW
  • http://goo.gl/2jiHns
  • http://goo.gl/zprsbL

You can also read ...

Thai CB Retains Key Rate
Thailand’s central bank on Wednesday left its key interest...
China and India continue to remain the most promising investment destinations in 2017.
Developing Asia is expected to witness a 15% increase in...
Brazil Raises Deficit Ceiling
Brazil is raising its deficit ceiling for this year and 2018...
Elon Musk, Kevin Plank, Bob Iger, Richard Trumka, Kenneth Carleton Frazier
The honeymoon is definitely over. When US President Donald...
Riksbank is under pressure to tighten its ultra-loose monetary policy.
Underlying inflation topped the Swedish central bank’s target...
Crude oil accounts for 96% of exports and around half of state revenue.
Venezuela might look bad right now amid protests, scarce food...
At 310% GDP, China’s banking sector is above the advanced economy average and nearly three times  the emerging market average.
China's economy is looking good enough that the International...
US Household Debt at $12.8 Trillion
US household debt reached a new record in the second quarter,...

Trending

Googleplus