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March 16, 2010

Moody's: U.S., U.K. top debt rating safe

  • Triple A governments don't face an immediate threat to their top ratings as the servicing of the debt remains manageable, for now.
    • By PAN PYLAS
    AP Business Writer

    LONDON — The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rating, agency Moody's Investors Service said Monday.

    In a quarterly report assessing the prospects of the triple A-rated countries, including Spain and the “less fiscally challenged” Denmark, Finland, Norway and Sweden, Moody's warned that the economic recovery remained fragile in many advanced economies.


     
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