The Dutch economy this year shows a slow recovery after the decline of the past two years. That makes credit rating agency Fitch in a report that the AAA rating of the Netherlands is confirmed.
Fitch expects the Dutch economy this year with 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 +
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.
Reuters
No comments:
Post a Comment