Fri, 29 Nov 2013 16:29:05 GMT
Netherland's credit rating was cut to AA+ by S&P
Netherland's credit rating was lowered by the rating agency Standard & Poor's mainly due to falling consumer prices, slumping house prices and overall performance of the economy, a report released by the agency revealed on Friday. According to the report, Netherland's rating was cut from AAA to AA+ leaving the triple A (AAA) rating only to Germany, Luxemburg and Finland.