Fitch maintains confidence in the Netherlands – Telegraaf.nl

Fitch maintains confidence in the Netherlands – Telegraaf.nl

LONDON (Reuters) – The Dutch economy this year shows a slow recovery after the decline of the past two years. Suggested that rating agency Fitch on Friday in a report that the AAA rating of the Netherlands was confirmed.

Fitch expects the Dutch economy this year 1 2 percent growth. Hence the CRA is slightly less optimistic than before. Previously predicted an increase of 1.4 percent for 2015. The adjustment blames Fitch to the weaker outlook in the euro zone, which play tricks on Dutch exports.

Netherlands is classified unchanged by Fitch in the countries with the highest credit rating (AAA). Even rival Moody’s sees the Netherlands as a ‘triple A’ country. Standard & amp; Poor’s (S & amp; P) Netherlands late 2013 took away that status. S & amp; P Netherlands has the stamp AA +

Luxembourg

Fitch pointed to the recovery of the Dutch housing market and increased consumer confidence.. However, with high household debt remains the growth of consumption, according to the office the next time low. The government deficit is expected to continue, while the national debt this year reached its peak

S & amp;. P Friday maintained the AAA rating of Germany. Luxembourg is the only other euro country that predicate adds S & amp; P. Outside the euro area, inter alia, Denmark, Sweden, Switzerland and Britain classified in the highest category

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