Fitch: Ireland further along than other periphery EU nations

Ireland has made more progress in fixing its economy than other nations in the euro area periphery, according to Fitch Ratings.

16th November, 2012
Ireland's economy is further along than other periphery EU nations

Ireland has made more progress in fixing its economy than other nations in the euro area periphery, and country-specific considerations were behind an upward revision in its outlook this week, Fitch Ratings said.

“Ireland is now meeting its fiscal targets without experiencing continued GDP declines, and looks set to regain full bond market access,” Fitch said in a statement today.

“The revision of the outlook on Ireland’s ‘BBB+’ sovereign rating to stable reflects...

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