SLOVAKIA: MOODY'S CHANGES OUTLOOK TO STABLE ON SLOVAKIA'S A1 RATINGS.

IPR Strategic Business Information Database | March 29, 2009 | Copyright

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 ...

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