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S&P keeps Poland’s rating, outlook unchanged

PR dla Zagranicy
Paweł Kononczuk 21.04.2017 18:53
Rating agency Standard and Poor's has kept Poland’s rating unchanged at BBB+ and the country's outlook at “stable”.
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Standard & Poor’s said economic growth has accelerated in Poland but added that social spending, lowering the retirement age and political uncertainty raised concerns.

The agency - one of the "big four" rating companies - in December decided to keep Poland's rating unchanged at BBB+ but raised the country's outlook to stable.

In January last year, Standard & Poor’s lowered Poland's rating to BBB+ from A- and changed its outlook to negative. That move sparked anger in Warsaw, with the Polish finance ministry calling the decision “incomprehensible”.


Source: IAR

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