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Moody´s Retains Austrian Triple A
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…
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