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Austria´s Triple A „Not Endangered“

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: © Flickr

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…

This article includes a total of 259 words.

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Austria´s Triple A „Not Endangered“

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

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.