Standard & Poor’s affirmed Slovakia's A+ sovereign rating

Standard&Poor’s affirmed Slovakia's A+ sovereign rating with a stable outlook. Its rating is two notches higher than Fitch's and one notch higher than Moody's. S&P deems the government’s fiscal consolidation package credible. According to the agency, the GDP growth rate will accelerate to 2.3% in 2024 and 2.1% in 2025. Growth is expected to be driven by EU funds and the Recovery Facility. The agency does not expect a freeze of EU funds for Slovakia.

(teraz.sk)