Saturday 5th June, 2010
ARTICLE
Czech Repuplic has favourable rating
The Czech Republic is not in danger of a downgrade of its rating in the short-term horizon. Representatives of the Fitch Ratings and Moody´s rating agencies have concurred on this conclusion before the Czech elections, having assessed the state of the Czech economy rather positively. There is even a chance of an upgrade of the CR’s rating in the medium-term horizon. However, the rating may also be jeopardised, depending on the solution of the budget deficit. What is more important that quick forming of a government after the elections is that a stable government is formed eventually. Source: HN 5
Page 1 of 1
