S&P affirmed Slovakia’s A+ rating

S&P affirmed Slovakia’s A+ rating with a negative outlook. Last week, Finance Minister Ladislav Kamenický expressed concern that the agency might downgrade the rating. The agency expects the public finance deficit to fall to 5% of GDP this year and to continue falling in the coming years. Slovakia has the fifth-best rating from S&P and the seventh-best from Fitch and Moody’s.

(hnonline.sk)