S&P confirms Slovakia's A+ rating, but downgrades outlook to negative

The risk is mainly global developments.

S&P has downgraded Slovakia's rating outlook to negative. The export-oriented Slovak economy has one of the highest exposures to the US market in Europe, making it more vulnerable to global trade risks.

Investments financed from European Union funds will continue to be key to the growth of the Slovak economy

S&P Global Ratings has downgraded the outlook for the "A plus/A-1" first-tier investor ratings on Slovakia's long- and short-term external and domestic government debt obligations from stable to negative.

The international agency Standard & Poor's (S&P) confirmed Slovakia's A+ rating on Friday, but downgraded its outlook from stable to negative. The risk is mainly global developments. "The good news is that Slovakia has maintained its A+ rating, which is two notches better than the ratings from Fitch and Moody's. However, the uncertainty brought by the threat of global trade wars is also worsening Slovakia's outlook from stable to negative," the …

One of the most reputable rating agencies, Standard & Poor's (S&P), has published its latest rating of the Slovak Republic. The good news is that Slovakia has maintained its rating at A+, which is two notches better than the rating from Fitch and Moody's. However, the uncertainty brought by the threat of global trade wars is also worsening the outlook for Slovakia from stable to negative.