Wednesday, May 18, 2011

Fitch Ratings Upgrades Iceland?s Credit Outlook

protests151108-02_ipaThe rating agency Fitch has confirmed the long-term credit rating for the Icelandic state as BB+, which means that it will remain in a so-called junk category. However, the long-term outlook has been upgraded from negative to stable.

Source: http://icelandreview.com/icelandreview/daily_news?cat_id=29314&ew_0_a_id=377862

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