Finland maintains Moody’s top credit rating

Finland has a strong fiscal position and its rating is not expected to come under pressure, according to Moody’s.

Finland has maintained its excellent Aaa sovereign debt rating by Moody’s Investors Service. Moody’s has reduced the ratings of six European countries and worsened its forecast for three others to reflect their susceptibility to the growing financial and macroeconomic risks emanating from the euro area crisis.

According to Moody’s report, Finland’s rating is “appropriately positioned”. Finland is also named among the countries with the strongest fiscal position, whose ratings are not currently expected to come under pressure.

Source: Moody’s