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11. 9. 2017

Moody's upgraded Slovenia to Baa1

Ljubljana, 9 September 2017 – Moody's upgraded Slovenia's Long-term foreign and local currency IDRs to Baa1 from Baa3 with stable outlook.

Foto: Bigstock

Rating agency Moody's announced a great news about their decision to upgrade Slovenia’s rating to Baa1. Minister of finance Mateja Vraničar Erman believes that such kind of news certainly proves that Slovenia is on the right track: "Positive trends in Slovenia's credit ratings indicate that we have been doing a good job and that the measures that have been taken are the right ones. However, it does not signify that we have reached the end of the outlined path. Anyway, such confirmations shall give us fresh impetus and will to follow our goals."

 

S&P upgraded Slovenia's rating to A+ (stable outlook) in June and Fitch in September last year to A- (stable outlook). "To be honest, we did expect Moody’s to upgrade Slovenia’s rating but I certainly did not anticipate a two-notch change which makes me even more pleased", commented the minister.

 

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