Fitch affirmed Slovakia’s A- rating

Fitch affirmed Slovakia’s A- rating with a stable outlook. The country thus retained its 7th-highest rating. Interestingly, Fitch expects a much slower reduction in public finance deficits than planned by the government; it forecasts a deficit of 4.5% of GDP next year, compared with 4.1% in the state budget. US tariffs and slower economic growth in Germany remain challenges.

In October, S&P also confirmed Slovakia’s rating.

(aktuality.sk)