- S&P
Germany retained its top notch triple A credit rating with a stable outlook, said Standard & Poor's on Thursday, just over a week after Moody's Investor Service changed its outlook for the nation to negative.
"In our view, Germany has a highly diversified and competitive economy with a demonstrated ability to absorb large economic and financial shocks," S&P said.
"The outlook on the long-term rating remains stable, reflecting our view that Germany's public finances and strong external balance sheet will continue to withstand potential financial and economic shocks."
Stocks closed mixed on Wednesday. The Stoxx Europe 600 Index gained 0.46 per cent to 262.57. Germany's DAX Index lost 0.26 per cent and France's CAC 40 Index added 0.91 per cent.
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