48045
Malta Upgraded to Positive
Malta Upgraded to Positive

Malta Upgraded to Positive

Malta Upgraded to Positive

Ratings agency Fitch has confirmed Malta’s ‘A’ rating while upgrading its forecast from ‘stable’ to ‘positive’, Yahoo Finance reported. The upgrade means each of the big three rating agencies—Fitch, Moody’s and Standard & Poor’s—have upgraded their outlook for Malta during this legislature, the government said in a statement. In their assessment, Fitch analysts predicted that government debt would fall to 58% of GDP by 2018 and were positive about changes to the pension system. Analysts said ongoing energy projects will help grow the economy while making it more efficient, with structural reforms to improve competitiveness also having had a positive effect.

 

Short URL : http://goo.gl/tkwnW7
  1. http://goo.gl/cysCZM
  • http://goo.gl/TD9re7
  • http://goo.gl/oFPWPr
  • http://goo.gl/Djl7mE
  • http://goo.gl/3n86kW

You can also read ...

Blue Economy Movement Gaining Traction in Africa
An increasing number of African countries are now embracing...
There are indications that investments in digital economy will...
Japanese Prime Minister Shinzo Abe (C) speaks as European Commission President Jean-Claude Juncker (L) and European Council President Donald Tusk listen during  a joint press conference at Abe’s official residence in Tokyo on July 17.
Japan and the European Union signed a landmark deal on Tuesday...
The trade war began when Donald Trump introduced tariffs on imported steel and aluminum.
Rising trade tensions between the United States and the rest...
Striking Amazon Employees in Europe Demand Better Working Conditions
Thousands of workers walked off their jobs on Tuesday at...
SNB to Raise Rates in 2019
The Swiss National Bank will continue tracking its eurozone...
The parliament approved a five billion pound start-up capital for the fund called “Egypt Fund”.
Egypt is setting up a sovereign wealth fund with a capital of...
Canada Growth Robust, Housing Sector Cooling
On July 13, the executive board of the International Monetary...

Trending

Googleplus