Moody´s Retains Austrian Triple A

Businessn.a. ♦ Published: September 22, 2012; 12:47 ♦ (Vindobona)

The U.S. rating agency also confirms the negative outlook. Austria´s strengths are the growth rates and the low unemployment rate.

Moody´s Retains Austrian Triple A / Picture: © Moody's Investors Service, Inc. - Annual Report 2013

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.

According to Moody´s, the…