Fitch: The 'rearmament' plan will drop the EU's 'AAA' rating space.

On March 13, Jinshi Data News reported that the rating agency Fitch Ratings stated that the 'ReArm Europe' plan proposed by the European Union will reduce the EU's rating space, mainly due to the increase in EU-level debt, but it will not in itself lead to a rating downgrade. Although increased defense spending may affect the 'AAA' ratings of member countries in the medium term, 'ReArm Europe' will also reaffirm the policy importance of the European Union, which is a key factor in ratings.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments