|
Post by bot on Oct 20, 2011 18:37:05 GMT -5
Fitch affirms Belgium AA+ rating, negative outlook FRANKFURT (MarketWatch) -- Fitch Ratings on Thursday affirmed Belgium's credit rating at AA-plus, while maintaining a negative outlook on the rating. "Risks to Belgium's rating continue to be skewed to the downside, particularly with the escalation of the euro area crisis and additional contingent liabilities assumed by Belgium in the context of Dexia's restructuring," said Maria Malas-Mroueh, director in Fitch's sovereign group. "However, internal developments have been encouraging, with the deficit on target for 2011 and a coalition party agreement paving the way for the formation of a new government following a record 18-month political stalemate," she said.
|
|