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Currently valid (outstanding) ratings

Since 30 July 2012, the EUROPEAN RATING AGENCY, a.s. is a registered credit rating agency in accordance with Regulation no. 1060/2009 of the European Parliament and the Council (EC) of 16 September 2009 on credit rating agencies. The currently valid (outstanding) ratings issued before the date of registration are monitored by EUROPEAN RATING AGENCY, a.s. as a registered credit rating agency since the date of registration.



ERA rates Hungary BBB, outlook Stable
Friday, 30 November 2018

ERA issues the following unsolicited credit rating for Hungary.

The unsolicited credit rating assigned to Hungary stems from a strong economy, sound private sector finances, and above average governance indicators. The rating is restricted by high government debt load, high structural deficits, and low foreign reserves indicators.
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ERA rates Eurasian Development Bank BBB+, outlook Stable
Friday, 09 November 2018

The credit rating of Eurasian Development Bank (hereinafter, EDB) is due to the support of member states in the group along with the moderately high systemic importance of funded projects, moderate business profile, high capital adequacy, weak risk profile, and adequate funding and liquidity position.

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ERA rates Austria AA+, outlook Stable
Friday, 26 October 2018

ERA issues the following unsolicited credit rating for Austria.

Long term unsolicited credit rating at level AA+.  The agency expects a stable outlook for the following 12 months. The rated entity was notified on October 24, 2018, about the rating and after the notification there were no changes or amendments in the rating. This is the first release of the rating for distribution.

The credit rating assigned to Austria is due to a strong economy, tight fiscal rule which calls for very low deficits, strong private sector finances and high forward looking indicators, including governance indicators and R&D spending. The rating is restricted by high government debt load.

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