Friday, 17 February 2012
Iceland is gradually coming back to its original position – greatness
as credit rating agency, Fitch raises Iceland's credit ratings to BBB-.
This means that the country can now be regarded as a sufficiently
credible borrowers and that the outlook looks stable out of the country.
In May last year, Fitch raised the outlook for Iceland's credit rating
from negative to stable. The decision was based on that the Icelandic
economy is beginning to stabilize after the financial collapse of 2008
In November, Moody's noted that Iceland is in the right direction and
that it may develop a surplus in the budget in a few years.
By Scancomark.se Team
Scandinavian
Companies & Market
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Sweden as a Media Company Organisation Number: 556782-6572
