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Poland: Pension Reform Not to Affect Rating
Politics ♦
Published: March 25, 2014; 11:05 ♦ (Vindobona)

According to rating agency Fitch, Poland’s country rating will not be affected by the pension reform.

The rating agency said the pension reform, as well as its new spending rules, are neutral to Poland’s country ratings, the rating agency announced in a press release. According to Fitch, the pension reform is neutral to the rating since a public debt-to-GDP reduction estimated at 7.5 percentage points is offset by a rise in Poland's long-term pension liabilities. The new stabilizing…
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