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Moody’s Keeps Austria’s AAA
Politics ♦
Published: December 23, 2011; 10:30 ♦ (Vindobona)
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The rating agency points to Austria’s economic strength and attempts to introduce a balanced budget requirement in the constitution.
Moody’s Keeps Austria’s AAA / Picture: © Moody's Investors Service, Inc. - Annual Report 2013
Moody’s confirmed the Aaa rating on debt issued by the Austrian government. The rating agency pointed out a very high economic strength, a skilled labor force and a competitive export sector that had helped Austria to grow faster than the European average in recent years. In so doing, Austria had achieved high average incomes, a well-diversified economy and structurally low…
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