Fitch cut Slovakia’s sovereign rating

Fitch, a ratings agency, cut Slovakia’s sovereign rating by one notch, from A+ to A, with stable outlook. It argues the pandemic will lead to a 10% contraction in GDP and 7.7% of GDP public finance deficit this year. The worse rating will increase interest rates on Slovak debt.


Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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