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Finland’s credit worthiness is robust, with a stable outlook

23/03/2009

Finland’s long-term credit worthiness has been given the highest possible rating (AAA) by Fitch Ratings, one of the world’s leading rating agencies.

Fitch Ratings has affirmed Finland's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'AAA' respectively with a Stable Outlook.

According to Fitch’s report, Finland's 'AAA' status is underpinned by sound public finances, a solid external position, high income per capita, demonstrable political and social stability and an impeccable debt service record. Fitch states that Finland’s track record of superior growth and inflation relative to the euro area and 'AAA' medians testifies to a robust macroeconomic policy framework and a high value-added, export-oriented economy.

Finland has also received the best possible ratings from Moody’s and Standard & Poors, the other leading global rating agencies.

 

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