Finland's economy takes a reputation hit after first Fitch downgrade in nearly a decade

Finland’s credit strength just took a hit. On Friday night, Fitch Ratings downgraded the country’s long-term foreign-currency issuer rating from “AA+” to “AA,” citing rising debt and weak efforts to control it. The decision ends nearly a decade of rating stability and keeps the outlook at Stable. According to Fitch, government debt is still rising, […]

Source: cryptopolitan.com (Read Full Article)