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ACRA Europe affirms unsolicited credit ratings of AAA to Germany, outlook Stable
Friday, 11 October 2019

The Federal Republic of Germany (hereinafter, Germany, or the country) has been assigned the following ratings:

  • Long-term foreign currency credit rating at AAA and local currency credit rating at AAA;
  • Short-term foreign currency credit rating at S1+ and local currency credit rating at S1+.

The outlook on the long-term foreign currency credit rating is Stable and local currency credit rating is Stable.

The Stable outlook assumes that the rating will most likely stay unchanged within the 12 to 18-month horizon.

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ACRA Europe affirms unsolicited credit ratings of AAA to Switzerland, outlook Stable
Friday, 04 October 2019

The Swiss Confederation (hereinafter, Switzerland, or the country) has been assigned the following ratings:

  • Long-term foreign currency credit rating at AAA and local currency credit rating at AAA;
  • Short-term foreign currency credit rating at S1+ and local currency credit rating at S1+.

The outlook on the long-term foreign currency credit rating is Stable and local currency credit rating is Stable.

The Stable outlook assumes that the rating will most likely stay unchanged within the 12 to 18-month horizon.

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ACRA Europe affirms unsolicited credit ratings of A+ to Slovakia, outlook Stable
Friday, 04 October 2019

The Slovak Republic (hereinafter, Slovakia, or the country) has been assigned the following ratings:

  • Long-term foreign currency credit rating at A+ and local currency credit rating at A+;
  • Short-term foreign currency credit rating at S1 and local currency credit rating at S1.

The outlook on the long-term foreign currency credit rating is Stable and local currency credit rating is Stable.

The Stable outlook assumes that the rating will most likely stay unchanged within the 12 to 18-month horizon.

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