Moody s affirms Albania at B1, outlook stable Source: The Institute of Financial Services Practitioners
TIRANA (Albania), May 25 (SeeNews) – Moody s Investors Service said it has affirmed Albania s B1 long-term foreign and local currency issuer ratings and the B1 foreign currency senior unsecured debt rating, with a stable outlook.
The credit ratings were affirmed given Albania s resilience to the coronavirus shock despite narrow economic base and persisting structural challenges, expectation that fiscal consolidation will resume post-pandemic and that fiscal risks will remain contained, as well as due to the country s moderate susceptibility to event risk, Moody s said in a statement last week.
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