German credit rating approved at AAA

Source: Bloomberg
The sovereign credit rating of Germany was confirmed by one of the main rating agencies Fitch, keeping the rating at AAA level and maintaining a stable outlook. Experts from Fitch point on the declining government debt of the country, while the budget deficit in 2013 will not likely exceed 0.1% of GDP. Moreover, on January 10 the S&P rating agency also affirmed German rating at AAA level.

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