28 Apr 2017
S&P: Germany 'AAA/A-1+' ratings affirmed; outlook stable - Reuters
Reuters just released key highlights from the latest S&P report on Germany:
- Germany 'AAA/A-1+' ratings affirmed; outlook stable
- Germany's diversified and competitive economy will sustain current growth momentum, predominantly supported by strong domestic demand
- Stable outlook reflects view that over next 2 years, Germany's public finances, balance sheet to continue to withstand potential economic shocks
- Another grand coalition is most likely parliamentary election outcome
- Germany's surpluses on external and fiscal balance sheet will enable the country to weather external shocks
- Despite potential tax reductions, other pre-election promises, expect germany's fiscal performance will remain a ratings strength in medium term