S&P Upgrades Slovenia’s Outlook to Stable

Rating agency Standard & Poor’s (S&P) has changed its outlook for Slovenia from negative to stable, while affirming the country’s long-term and short-term sovereign credit ratings at A-/A-2. S&P has also upgraded its economic growth projection for Slovenia for the 2014-2016 period from 0.9% to 1.5%. The stable outlook is based on expectations that the government will continue with fiscal consolidation, restructuring of the banking sector and implementation of structural reforms and privatisation of state-owned companies.

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