Fitch Downgrades Slovenia

Businessn.a. ♦ Published: August 8, 2012; 19:37 ♦ (Vindobona)

The Southern neighbor country of Austria was downgraded to “A-“. The outlook is negative now.

Fitch Downgrades Slovenia / Picture: © Fitch

Slovenia´s creditworthiness is worsening. After a series of downgrades of the Slovenian sovereign debt and the Slovenian banking industry in the last days, Fitch has downgraded the Eurozone member country.

After a rating of “A” and a stable outlook, Slovenia´s rating is now “A-“. As further downgrades are possible, the outlook is negative. Fitch justifies the downgrade…