Standard & Poor’s upgrades Poland’s rating
Rating agency Standard & Poor’s upgraded their credit ranking of Poland from BBB+ to A- (long-term foreign currency rating) and A/A-1 (long- and short-term local currency rating) with a stable outlook. The agency noted the country’s strong GDP growth and budgetary outcomes. The upgrade came earlier than expected and took many economy experts by (a pleasant) surprise. As the agency’s report’s authors remarked, “The upgrade reflects solid achievements in the form of economic growth a Read more
