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Article: SLOVAKIA: MOODY'S CHANGES OUTLOOK TO STABLE ON SLOVAKIA'S A1 RATINGS.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- March 29, 2009
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Moody's Investor's Service has today changed the outlook on Slovakia's A1 government bond ratings to stable from positive. "Today's action reflects Moody's belief that although Slovakia's creditworthiness has benefited from structural improvements in recent years, the risks to the country's investment- and export-led growth model have increased in the current crisis," says Dietmar Hornung, a Vice President-Senior Analyst in Moody's Sovereign Risk Group. "In particular, Slovakia's economic strength is being affected by its considerable exposure to (1) EMU recession and weak global demand, (2) the automotive industry, and (3) the depreciation of other currencies in the ...
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Article: SLOVAKIA: MOODY'S CHANGES RATING OUTLOOK TO ...
IPR Strategic Business Information Database;
August 3, 2008 ;
700+ words
... ... country. In addition, Moody's has upgraded Slovakia's foreign currency ... a net positive for Slovakia," said Moody's Vice President ... economy. When assessing Slovakia's creditworthiness going forward, Moody's will have to monitor ...
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