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12/26/11

Moody's maintains Denmark rating at Aaa

Denmark retains its Aaa credit rating, but its long-term growth prospects are a cause for concern, ratings agency Moody's said late Thursday.

"The government's top-notch ratings reflect Denmark's stable macroeconomic and political environment and relatively healthy government balance sheet," Moody's said in a statement. It added that Denmark's rating outlook remains "stable."

The triple-A rating, the highest possible, appears to confirm Denmark's status as a relatively better economic performer during the ongoing European debt crisis.

For more: Moody's maintains Denmark rating at Aaa - Xinhua | English.news.cn

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