Structural Reforms and Economic Outlook of Slovakia slide image

Structural Reforms and Economic Outlook of Slovakia

Ratings Reflect a Solid Credit Profile Rating Agency Rating Comments ARDAL MOODY'S STANDARD & POOR'S A2 Stable (June 2021) A+ Stable (May 2021) "Government fiscal metrics remain strong in a global comparison against a level of institutional strength that, although high in a broader international comparison, continues to be constrained by long-standing issues related to the rule of law and control of corruption" "The stable outlook balances the consequences of the pandemic on public finances with our expectation of an economic rebound facilitated by a steady absorption of EU funds and continued investments from the private sector into Slovakia's productive capacity" Fitch Ratings A Negative (April 2021) "Slovakia's banking sector is well-capitalised with strong asset quality. Fitch expects that the banking sector will be largely resilient to the crisis" H 17 Sources: Moody's, S&P and Fitch
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