S&P Confirms Czech Rating

BusinessEconomy ♦ Published: August 24, 2012; 16:42 ♦ (Vindobona)

The U.S. rating agency retained the rating for the Rczech Republic.

S&P Confirms Czech Rating / Picture: © Vindobona.org

Today, S&P announced to confirm the sovereign debt rating of the Czech Republic. Also the outlook is stable. . The last amendment took place in August 2001, when S&P raised to rating to “AA-/A-1+”. According to S&P, the Czech financial sector is still robust and stable. This would enable the Czech Republic to respond quickly to external shocks.

At the moment, the…