Kowalczyk: No indication Polish ratings will be downgraded
10:53
"There are no signals that rating agencies will lower Polish raitings. All macroeconomic indicators were positive and everything returned to the norm after a temporary blip. So, we do not have leaks that someone wants to decrease the ratings. If you ask whether they can – obviously they can. No one can forbid them. It is hard to deny," chairman of the Government Standing Committee, Henryk Kowalczyk told PAP.
On March 11, Henryk Kowalczyk said there could be a further downgrade of Polish raitings by one of the agencies. In mid-January, rating agency Standard & Poor's lowered the long-term rating of Polish debt in foreign currency to the level of "BBB plus" from "A minus". The rating outlook is negative. On the same day, Fitch confirmed the Polish long-term rating at "A minus" with a stable outlook.
