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Currently valid (outstanding) ratings

Since 30 July 2012, the EUROPEAN RATING AGENCY, a.s. is a registered credit rating agency in accordance with Regulation no. 1060/2009 of the European Parliament and the Council (EC) of 16 September 2009 on credit rating agencies. The currently valid (outstanding) ratings issued before the date of registration are monitored by EUROPEAN RATING AGENCY, a.s. as a registered credit rating agency since the date of registration.



ACRA Europe affirms unsolicited credit ratings of BBB to Hungary, outlook Negative
Friday, 20 November 2020
There are no translations available.

Hungary (or the country) has been assigned the following ratings:

  • Long-term foreign currency credit rating at BBB and local currency credit rating at BBB;
  • Short-term foreign currency credit rating at S2 and local currency credit rating at S2.

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

The Negative outlook assumes that the rating will most likely be downgraded within the 12 to 18-month horizon.

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ACRA Europe affirms unsolicited credit ratings of AA+ to Austria, outlook Stable
Friday, 23 October 2020

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

  • Long-term foreign currency credit rating at AA+ and local currency credit rating at AA+;
  • 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.

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ACRA Europe affirms unsolicited credit ratings of AAA to Germany, outlook Stable
Friday, 09 October 2020
There are no translations available.

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.

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