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Austria to Lose its AAA

Published: January 13, 2012; 18:00 · (Vindobona)

According to partially confirmed market rumors, S&P will downgrade France and Austria.

Austria to Lose its AAA / Picture: © Wikipedia / Magnus Manske

The euro-zone faces acute danger of losing members with an AAA-rating. Market rumors say that France and Austria will be downgraded. According to “Financial Times”, Austria´s rating will be lowered to “AA+”. An official statement is expected in the evening hours. The Austrian government did not comment these reports yet. Consequences of a downgrade of Austria are not…

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