Rating

Frankfurt – Rating agency Fitch has affirmed Slovenia’s credit rating at A with a stable outlook, Fitch said on its website on Friday, adding that this reflected the agency’s expectations of a permanent recovery of the Slovenian economy thanks to the expected increase in investment and continued exports.

Ljubljana – Rating agency Fitch has affirmed Slovenia’s credit rating at A with a stable outlook, the Finance Ministry said on Saturday, adding that this showed the agency acknowledged Slovenia’s strong institutional structure, focus on human development and a credible policy framework supported by EU membership.

Japanese rating agency "Rating and Investment Information" (R&I) on Monday delivered a considerable vote of confidence in the prospects of the Greek economy, upgrading Greece by two notches to BB with a stable outlook. This has brought Greece within two notches from investment grade.

Setbacks that Turkish President Tayyip Erdogan's ruling AK Party suffered in Sunday's local elections will prod him into making the wrong economic policy choices. He is all the more likely now to opt for short-term fixes rather than the more profound changes that investors want but which would take time to combat recession.

Rating agency Moody's Investor Service said on June 27 a strengthening U.S. dollar since mid-April has increased the credit risk of several emerging markets due to currency depreciation.

The campaign for the October 15 local elections in Macedonia will feature a mixed bag of local topics and big national issues, observers say - adding that the result will serve as an important barometer of the popularity of new course of the country following the change of regime at a national level.