Tuesday, December 9, 2008

D&B: Direct impact of the crisis on Slovenia minor

"The rating agency Dunn& Bradstreet preserved Slovenians DB2b risk rating in December, while the ratings trend is deteriorating as in most countries.

The Agency established that the direct impact of the global financial crisis on Slovenia is minor, largely due to the dominance of traditional and relatively simple financial instruments in the country, adequate supervision of banks, low balance of payments deficit, and the fact that the country is in the euro area."

Source: emportal

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