POST Online Media Lite Edition



 

Moody's keeps Finland's credit rating at triple A

Staff writer |
Credit Rating Agency Moody's kept Finland in its highest possible rating Finland.




Finnish analysts had expected a downgrade by Moody's as tangible. However, last week both an OECD report on Finland and a local group assigned to appraise the economy stated that the Finnish government's economic policy was heading in the right direction.

The credit rating of Finland was hit in October 2014 when Standard & Poor's (S&P) downgraded Finnish government long term loans from Finland to AA+.

In September 2015 S&P kept the AA+, but changed the outlook from stable to negative.

Fitch Ratings kept Finland in Finland with a negative outlook in September last year.


What to read next

Standard & Poor's changes outlook for Finland to negative
Fitch cuts Finland's credit rating to Aa+ after economy contracts
Fitch lowers Finland's outlook to negative