Advertise with Vindobona.org

"Austria Does Not Deserve an AAA Rating"

People ♦ Published: January 29, 2011; 00:24 ♦ (Vindobona)

The chief economist of the American Citigroup, Willem Buiter, also denies Austria, alongside the U.S. and the UK, the right to the AAA rating.

"Austria Does Not Deserve an AAA Rating" / Picture: © Vindobona.org

In an interview with the daily newspaper "Der Standard", Willem Buiter shows himself critical about the international financial markets. The economist expects state bankruptcies for Europe, something which will take place in his opinion in Greece and Ireland. It is "historically normal" that state bankruptcies…

or Log In

Fast News Search
Related News
Austria's AAA Credit Rating Confirmed (January 20, 2011)
Pröll is Against the Extension of the Euro Shield (January 19, 2011)
Treichl: Massive Criticism on Austrian Government (January 15, 2011)
AAA Rating Confirmed for Austria (December 22, 2010)
Extensive Refinancing Needs by Austrian Banks (December 14, 2010)
Triple-A Rating: Treichl vs. Nowotny (December 3, 2010)
Read More
Public Debt, Budget Deficit, Funding, Banking Industry, Ratings, EU European Union, Greece, USA, UK United Kingdom, Ireland, Willem Buiter, Germany
Featured
Weekly Briefing: End of Lockdown for Vienna and Lower Austria Stirs Up Hope
See latest Vindobona Newsletter