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Fitch Ratings: A+ for the Czech Republic

27.07.2011
imageInternational rating agency Fitch Ratings has confirmed the A+ rating of the Czech Republic´s long-term foreign currency debt. The rating of the local currency long-term debt remains stable at AA and the outlook for the long-term debt is positive.
 

International rating agency Fitch Ratings has confirmed the A+ rating of the Czech Republic´s long-term foreign currency debt. The rating of the local currency long-term debt remains stable at AA and the outlook for the long-term debt is positive. The short-term debt in foreign currencies also remained unchanged at F1. The positive outlook reflects the improving condition of public finances and the pension reform progress, the agency said.

Source: Daily News Czech AM, www.cianews.eu

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