Moody’s Rankings has introduced that it affirmed Germany’s ranking at ‘AAA’ and saved the outlook unchanged as ‘secure’.
Key quotes (through Reuters)
Potential financial progress can be weighed down by unfavorable demographic tendencies. Germany has “very” excessive financial energy, supported by massive and extremely aggressive economic system. Germany’s financial development progress is comparatively low and unstable in comparison with AAA-rated friends. “Very excessive fiscal energy” is supported by its robust public finance and sound fiscal framework. Funding prices of Germany are very low and make sure that debt may be very reasonably priced. Germany’s upkeep of present fiscal coverage stance is anticipated to yield additional reductions in indebtedness over coming years.