Ireland rating is raised to investment grade

Note: This section contains information in English only.
Source: The Sydney Morning Herald
The sovereign credit rating of Ireland was increased by one of the main rating agencies, Moody's, as the country successfully exited the EU bailout program. Therefore, the rating raised from Ba1 to Baa3 became the investment grade. The outlook became positive as well. It is worth pointing out that Moody's had decreased to country's credit rating for five times during 2009-2011.
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