Austria´s Triple A „Not Endangered“

Business › n.a. ♦ Published: September 26, 2011; 22:11 ♦ (Vindobona)

From a global view, 18 countries have a “AAA-status”. The current debt crisis makes market observers nervous.

Austria´s Triple A „Not Endangered“ / Picture: © Vindobona.org

In the Euro-zone only six countries have a “triple-A”. According to market rumors, France will be the first country, which will lose the best rating grade.

If this would happen, the remaining five countries would have to bear the EFSF-mechanism (“emergency chute”). The EFSF itself needs to offer a AAA-status. However, this scenario would have adverse effects for the…

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