Mitterlehner: „AAA is still Far Away“

Comment › Opinion ♦ Published: April 17, 2012; 18:18 ♦ (Vindobona)

Austria´s Minister of Economics does not believe that S&P gives back the “AAA” rating soon. However, the debate about Austria´s rating is overvalued, he thinks.

Mitterlehner: „AAA is still Far Away“ / Picture: © Parlamentsdirektion / Simonis

At the moment, the rating agencies are examining Austria again. Fitch today confirmed the triple-A rating today. In January, Austria lost the “AAA” rating. The U.S. rating agency downgraded the nation to “AA+”, the outlook is negative. Reinhold Mitterlehner expects that the rating by S&P will not be changed soon.

The comeback of the “AAA” may last for a longer…

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