S&P: Negative Outlook for Austria

Businessn.a. ♦ Published: December 6, 2011; 10:44 ♦ (Vindobona)

The rating agency Standard & Poor´s gives a negative outlook to all triple-A countries in the EU.

S&P: Negative Outlook for Austria / Picture: © Vindobona.org

Now, also the top rating for Austria is not seen as safe anymore. The AAA-rating may be downgraded soon. The credit watch has been lowered from “stable” to “negative” for Germany, France, Netherlands, Austria, Finland and Luxembourg.

Thus, within the next 90 days, the rating could decrease. As a result, it could be the case that no country in the EU has an AAA-rating…