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Ireland’s outlook revised to positive, ratings unchanged

Published On: September 14, 2015Views: 8

Credit ratings agency Moody’s has announced its decision to revise its outlook for Ireland from stable to positive.

The move is seen as a reflection of the market improvement in the country’s credit fundamentals over the past year, including a stronger economic recovery, faster fiscal consolidation and a substantial decline in the government’s debt burden.

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The ratings agency has affirmed its long-term rating for Ireland at Baa1.

Earlier today, ratings agency DBRS also revised its Irish trend from stable to positive and confirmed its long-term rating for Ireland at A.

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Ireland’s outlook revised to positive, ratings unchanged

Published On: September 14, 2015Views: 8

Credit ratings agency Moody’s has announced its decision to revise its outlook for Ireland from stable to positive.

The move is seen as a reflection of the market improvement in the country’s credit fundamentals over the past year, including a stronger economic recovery, faster fiscal consolidation and a substantial decline in the government’s debt burden.

[rev_slider AG]

The ratings agency has affirmed its long-term rating for Ireland at Baa1.

Earlier today, ratings agency DBRS also revised its Irish trend from stable to positive and confirmed its long-term rating for Ireland at A.

Share this story... Choose your platform!

Chamber Welcomes Positive News on Dublin Airport Link
South East Action Plan for Jobs, part of €250million regional jobs strategy launched

Click below to read our current issue...

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