Austria´s Finance Minister Delighted at Positive Moody's Rating

Politics ♦ Published: September 26, 2012; 18:04 ♦ (Vindobona)

Maria Fekter: “Our Triple A confirms the reform path we have embarked upon.”

Austria´s Finance Minister Delighted at Positive Moody's Rating / Picture: © ÖVP Bundespartei / Jacob Glaser

In July, Moody´s checked Austria´s economy again. The new examination was due to the increasing overall uncertainty in the Eurozone, the rating agency explained. The increasing risk of a Greek exit could also affect Austria´s credit rating. Moody´s confirmed the AAA-rating for Austria. The negative outlook remains, the rating agency announced.

"The renewed confirmation of…