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Polish finance minister calls Moody's decision 'rational: report

PR dla Zagranicy
Victoria Bieniek 15.05.2017 13:11
Polish Finance Minister Mateusz Morawiecki has said ranking agency Moody's decision to raise Poland’s outlook to stable was “rational”, the Dziennik Gazeta Prawna daily has said.
Mateusz MorawieckiMateusz MorawieckiTwitter.com/Embassy of Poland US‏

Moody's on Friday maintained Poland's A2 credit rating, while raising its outlook from negative.

“The risks which the agency noticed a year ago when it lowered the outlook did not materialise, on the contrary,” the daily quotes Morawiecki as saying.

Morawiecki added that Moody’s admitted that Poland’s finances as of the end of 2016 exceeded the agency’s experts’ expectations, the daily said. (vb/pk)

tags: economy, Moody's
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