Ratings agency Fitch lowers Slovenian credit rating by a grade

http - May 17th, 2013

London (dpa) - The ratings agency Fitch on Friday downgraded Slovenia‘s credit rating to BBB+ from A-.The agency said the outlook for Slovenia‘s long-term debt was negative, adding that the country risked of further downgrades.Fitch specified the rise in Slovenian government budget deficit, the country‘s poor economic outlook and the costs of shoring up its troubled banks as reasons for the

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