Tag: Standard and Poor’s Albania

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Standard & Poor’s Affirms B+/B Rating for Albania
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Standard & Poor’s Affirms B+/B Rating for Albania

TIRANA, February 4 Standard & Poor’s affirmed its ‘B+/B’ long- and short-term sovereign credit ratings on Albania as well as a stable outlook. (see below rating scale) “The stable outlook reflects our view that Albania’s economy will expand by just under 4% over the next years; fiscal deficits will remain limited, and gradually narrowing current...

Albania improves position in Standard and Poor’s ranking
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Albania improves position in Standard and Poor’s ranking

Tirana, February 8, 2016 Albania’s position in the Standard and Poor’s ranking has improved to B+, regarding the government’s efforts in managing the public debt. Standard and Poor’s says Albania is improving steadily and this positive shift in ranking reflects the expectations this financial institution has regarding the country’s fiscal performance in the four coming years. In...

Standard & Poor’s: The energy reform resulted successful and increased revenues
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Standard & Poor’s: The energy reform resulted successful and increased revenues

Standard & Poor’s has released the latest report on the performance of the Albanian economy for the past months which highlights that reforms undertaken by the government have resulted positive, by increasing state budget revenues. The report evaluates the reform in the energy sector as successful, saying that sovereign credit risk factors have remained at...

Standard and Poor’s credit rating for Albania stands at B/B
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Standard and Poor’s credit rating for Albania stands at B/B

Standard and Poor’s has confirmed the B/B evaluation for Albania regarding the short and long term debt of the country, in general terms. The report cites: “We expect that the annual change of the Albania government’s general debt to shrink under 2% of the Gross Domestic Product in the two upcoming years, while during the...