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21 Jun 2013
Fitch affirms Norway at AAA, outlook stable
FXstreet.com (Córdoba) - Fitch Ratings affirmed Norway's long-term rating at 'AAA' on Friday, with stable outlook.
Fitch cited Norway's high-value-added economy and robust institutional framework. The agency also added that the sovereign's strong balance sheet provides it with ample flexibility to deal with adverse shocks and an ageing population.
Fitch cited Norway's high-value-added economy and robust institutional framework. The agency also added that the sovereign's strong balance sheet provides it with ample flexibility to deal with adverse shocks and an ageing population.