Friday, September 25, 2015

Finland: SP puts the country’s rating in doubt – Le Figaro

The rating agency Standard and Poor’s downgraded Friday perspective on credit ratings of Finland, mired in recession.

The note “AA +” Finland is now combined with a “negative” outlook, against previously stable, which means in the methodology of S & amp;. P that there is “one in three chance” at least the note to be lowered in the next two years

The agency considers that despite structural reforms promised by the government and announced austerity measures, public debt “will likely continue to increase.”

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