Slovenia Times
Frankfurt – Rating agency Fitch has affirmed Slovenia’s long-term foreign-currency issuer default rating at A with a stable outlook, a move that the Slovenian Finance Ministry said was fresh evidence that Slovenia remained a stable and trustworthy country.
The agency said in a rating action issued on Friday that Slovenia’s rating was “supported by high governance and human development indicators and a credible policy framework supported by EU membership.”
These are balanced against currently rising and high public debt relative to ‘A’ rated peers, the economy’s small size, and slow progress in implementing structural reforms to address medium-term fiscal and growth challenges associated with an ageing population.