Rating of the Czech Republic is the best in the CEE region

Published: 27.10.2018 Related countries:  Israel Israel

Good economic condition of the Czech Republic.

The Czech Republic is currently ranked 11th among international rating agencies in the EU. From post-communist countries, it is best rated. The best ratings are Denmark or Germany, worst Greece and Croatia. In the case of the Czech Republic, the agency appreciates the low level of public debt, the strong institutional set-up and the rapid growth of the economy.

The rating for long-term liabilities in both domestic and foreign currencies is long-term in the Czech Republic at AA level and higher.

Source: Lidovky