Moody’s downgrade Malta’s rating to A2, negative outlook

Moody’s Investors Service have downgraded Malta’s foreign-currency and local-currency government bond ratings to A2 from A1 and revised the outlook to negative. Their report said that the key drivers for today’s rating action are: 1) Lower medium-term economic growth rates, driven by a decline in potential output growth as a result of the 2008-09 financial [...]
Category: Malta News
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