Moody´s to Watch Austria Carefully

Businessn.a. ♦ Published: July 24, 2012; 17:29 ♦ (Vindobona)

After the U.S. rating agency has lowered the outlook for the AAA-countries Germany, Netherlands and Luxembourg, Austria´s rating will be checked thoroughly.

Moody´s to Watch Austria Carefully / Picture: ©

Until the end of September, the creditworthiness of Austria and France will be checked again by Moody´s. Thus, Austria may lose another AAA-rating again. In January, S&P has downgraded Austria from „AAA“ to „AA+“.

The reason for the negative outlook of Germany is the „rising uncertainty“, which is due to the debt crisis in the Eurozone. In Germany, the industrial…

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