Moody’s Cuts Outlook for Several Countries, including Austria

Rating agency Moody’s expects the countries it rates to have more negative than positive surprises in store. Also Austria is in danger of loosing the triple a best mark. On 23 October Moody’s had reduce the outlook from stable to negative. Also Finland received a negative outlook, as well as Croatia, Montenegro, Turkey, Russia and Ukraine.

November 4, 2015

Moody's Assigns Negative Rating to Vienna City, BIG, Asfinag Road Authority

Following the cut in Austria's rating outlook to negative and confirming the rating itself at 'AAA', ratings agency Moody's accordingly adjusted rating outlooks of some state institutions.

October 28, 2015

Moody's Cuts Rating Outlook to Negative for Debt of Three Austria's Banks

Following the downgrade of Austria's rating outlook to negative, rating agency also revised to negative outlook for the state-guaranteed bonds of OeKB (Kontrollbank), Österreichische Postsparkasse (BAWAG PSK) and Heta bad bank, Moody's said in a statement.

October 28, 2015

Rating Agency Moody’s Threatens Austria with Rating Downgrade

Moody’s rating agency warned Austria about the possibility of a cut of the state’s AAA top rating. The agency has reduced the outlook from stable to negative, due the performance of Austria’s economy, which, according to Moody’s, will remain sluggish until the end of this decade. The rating agency thinks the reduction of state debt may be endangered by such a development.

October 26, 2015

S&P Confirms Austria's Rating at 'AA+', Outlook Stable

Austria had its "AA+” rating confirmed by ratings agency S&P with outlook stable, S&P said in a statement.

October 9, 2015

Standard and Poor’s Confirmes Austria’s AA+ Rating

US rating agency Standard & Poor’s confirmed the AA+ rating and stable outlook for the Republic of Austria. The rating agency predicts an economic revival for 2016, after four years of weaker development, although, in spite of the tax reform, the debt ratio is not likely to change.

September 28, 2015

Moody’s Spots Less Dangers Due to Potential Liabilities of City of Vienna

In a recent rating concerning contingent liabilities of European cities Vienna, Berlin and Bern, Moody’s notes that there is only a small risk for such liabilities of Austria’s capital Vienna, on account of the city’s ownership in municipally-owned enterprises, becoming due. All three cities have a solid governance practice, it was stressed.

September 17, 2015

Fitch: Austria Remains Attractive Investment Location

The Finance Ministry reckons rating agency Fitch’s latest rating update for Austria, a confirmation of the state running on the right track towards growth. The country remains an attractive location for investors and has a stable outlook, among others thanks to tax reforms.

August 10, 2015

S&P Upgrades Strabag's Rating from BBB- to BBB

Rating agency Standard & Poor’s (S&P) has raised the credit rating of publicly listed construction group Strabag SE by one level from BBB- to BBB. The outlook remains at “stable”.

June 23, 2015

Moody's Confirms Ba3 Rating for VTB Bank Vienna

Rating agency Moody's has confirmed the long-term rating of "Ba3” for the Austrian subsidiary of the Russian bank group VTB, VTB Bank (Austria).

May 22, 2015