Moody's keeps Poland's rating at A2 with stable perspective

Ratings agency Moody’s has maintained Poland’s long- and short-term rating at A2 level with a stable perspective, both in domestic and in foreign currency. According to Moody’s planned fiscal spending should not affect the stability of the government’s debt. While concerned with the weakening of legal institutions, the agency said that the country has seen uninterrupted economic growth for nearly 30 years, because it is slightly less open and susceptible to fluctuations in foreign demand. One of the beggest challenges for the country is its worsening demographics.

(PAP)