Austria to Remain at AA+

Politics ♦ Published: October 25, 2013; 10:38 ♦ (Vindobona)

Austria has not yet been given back Standard & Poor’s Triple A.

Austria to Remain at AA+ / Picture: © Wikipedia / Magnus Manske

As anticipated, the rating agency has not yet given back the top mark AAA. Standard & Poor’s has confirmed AA+/A-1+ for the liabilities of the country and a stable outlook.

Standard & Poor’s expects the country to be able and continue to cope with the negative effects of the financial crisis of the Eurozone. Moreover, the new government is expected to stick to the…