New Speculations about Austria’s Triple-A Rating

BusinessEconomy ♦ Published: November 4, 2011; 18:41 ♦ (Vindobona)

Current rumors about a possible downgrade are unfounded, according to a ministry spokesman.

New Speculations about Austria’s Triple-A Rating / Picture: © Vindobona.org

The Ministry of Finance and the Austrian Federal Financing Agency (AFFA) on Friday once again had to deny rumors that Austria could lose its triple-A rating. “We have received no signal whatsoever to this effect, not from any of the agencies that cover us”, said Harald Waiglein, a spokesman of the Ministry of Finance, in a response to Bloomberg. Martha Oberndorfer of the AFFA also…