TNBiz (TNBiz)
Markets  |  July 21, 2012 11:23:46

Moody's acknowledged the high economic and financial strength of the Czech


NEW YORK (MEDIAFAX) - International rating agency Moody's in its annual report on the Czech Republic stated that the rating at "A1" with stable outlook reflects the high economic, institutional and financial strength of the Czech Republic. Moody's informed about it on their website.

The report, according to Moody's upgrading just for financial markets, thus no change in rating does not.

The rating agency rating the Czech Republic identified based on four key factors - economic strength, institutional strength, government financial strength and sensitivity to the risks of individual events.

Moody's noted that "high" rating reflects the economic strength of the Czech Republic in recent years.In particular, relatively low wages, high literacy and basic infrastructure are developed by credit rating agencies the main reasons that make the Czech Republic attractive to foreign investment.

Tomáš Králíček, kralicek@mediafax.cz

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Agentura Moody's ocenila vysokou ekonomickou a finanční sílu Česka

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