Sponsored Content
Nowotny Underlines Improving Outlook
Ewald Nowotny, governor of Austrian National Bank (OeNB) stresses that not many countries were upgraded by the rating agencies in the last years.
Nowotny Underlines Improving Outlook / Picture: © Wikipedia / Christian Wirth (Wirthi)
Yesterday, the U.S. rating agency S&P has put the outlook from “negative” to “stable”. According to Nowotny, this is a positive sign for Austria´s economy. “Not many countries can show an upgrade, he said.
In January 2012, S&P cut the rating from “AAA” to “AA+”. According to S&P, Austria´s economy has proved robust. Despite the troubles in the…
or Log In
Fast News Search