According to Moody’s says the choice brexit a long period of uncertainty for the economy. Moody’s expects a period of high uncertainty, less confidence and lower investment and spending. This can lead to lower economic growth.
Moody’s also lowered the outlook for the British central bank from stable to negative and also upheld the judgment.
Credit believes that Moody’s uses for Great -Brittannië is incidentally not the highest. That is AAA, also known as triple-A. Another credit firm, Standard & amp; Poor’s (S & amp; P) wielded the ‘rating’ previously, but has been said to change that. “We found that a AAA rating is untenable in these circumstances,” says principal analyst Moritz Kraemer, S & amp; P against business
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Austria
moreover, Moody’s maintained or the credit assessment and the outlook for the European Union, Aaa and stable. Austria was it written down, partly due to weak growth prospects. The country’s judgment went Aaa to Aa1 and the expectation from negative to stable
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