Stocker: ‘Confirmation of AAA status masks opposition’

2024-07-13 20:26:28

Ratings agency Morningstar continues to confirm Austria’s high economic resilience, good debt sustainability and high GDP per capita

Vienna(OTS) – “The confirmation of AAA status gave the opposition a lie. The Morningstar report shows how hollow the anti-future complaints of the SPÖ, FPÖ and NEOS actually are. In addition to confirming the highest standards, the agency also made it clear that we are dealing with a very stable and stable Austria.” A resilient economy.

“Morningstar, like us, continues to assume government debt ratios will remain stable, noting that government bond yields have risen sharply. This is due to tighter and more consistent monetary policy,” Morningstar said. “But our financial market stability and external Trade was also reflected positively,” Stock continued, concluding: “The Austrian economy in particular is so strong because we have a high GDP per capita and strong incomes. The government is always committed to maintaining purchasing power to combat inflation, which is is absolutely correct. The fact that the opposition has largely insisted on its solution, which has clearly proven to be insufficient in other countries, speaks volumes for the Austrian people. Enable honest and forward-thinking politics.

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