Recent assessments by major credit rating agencies have highlighted the economic stability and potential for growth in Spain and Germany. S&P affirmed Spain's 'A/A-1' ratings with a stable outlook, while Moody's not only affirmed Spain's 'Baa1' ratings but also upgraded the outlook to positive, citing forecasts for solid economic growth, declining debt ratios, and expectations for investments, exports, and domestic demand to support growth. Additionally, Moody's noted the potential for further growth in Spain's tourism sector, albeit more limited, and anticipates substantial EU investment funding to bolster both public and private spending in the coming years. In parallel, Fitch reaffirmed Germany's 'AAA' rating with a stable outlook, aligning with financial stability and confidence in the German economy.
Spain’s credit profile outlook was lifted to positive at Moody’s Ratings, on the back of forecasts for solid economic growth and declining debt ratios https://t.co/16gHQaVDCh
Spain’s credit profile outlook was lifted to positive at Moody’s Ratings, on the back of forecasts for solid economic growth and declining debt ratios https://t.co/l6PqWVtF6m
🔴 MOODY'S BELIEVES: SCOPE FOR FURTHER GROWTH OF SPAIN'S TOURISM SECTOR IS MORE LIMITED IN COMING YEARS.
🔴 MOODY'S EXPECTS INVESTMENTS TO GAIN TRACTION IN SPAIN IN COMING YEARS
🔴 MOODY'S EXPECTS SUBSTANTIAL EU INVESTMENT FUNDING TO SUPPORT BOTH PUBLIC AND PRIVATE SPENDING IN SPAIN IN THE COMING YEARS
🔴 MOODY'S EXPECTS EXPORTS AND DOMESTIC DEMAND TO CONTINUE SUPPORTING GROWTH OUTLOOK FOR SPAIN
🔴 MOODY'S AFFIRMS SPAIN'S BAA1 RATINGS, CHANGES OUTLOOK TO POSITIVE
🔴 SPAIN'S 'A/A-1' RATINGS AFFIRMED BY S&P; STABLE OUTLOOK
Fitch Affirms Germany At 'AAA'; Outlook Stable
🔴 FITCH CONFIRMS GERMANY AT 'AAA' WITH STABLE OUTLOOK.