Agency in February forecast change from negative to stable after Dublin has made a long-awaited agr

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"The forecast for the Irish credit rating" BBB + "is changed to positive value added packaging from stable and reflects our view that the country's debt will likely drop faster, as measured by share of GDP than previously expected," said the "Standard Poor ".
Agency in February forecast change from negative to stable after Dublin has made a long-awaited agreement with the European Central value added packaging Bank which was due to more time for repayment of debts accumulated by saving value added packaging the banks.
"Standard & Poor" is now estimated that the chances are that in the next two years to raise the credit rating of Ireland over a three towards, citing expectations that the Irish public debt by 2016 will be reduced to 112 percent of GDP, from 122 percent this year.
Their assessment is contrary to recently published revised data of the Irish Statistical Bureau show that last year the economy fell into recession again, and this decline has been extended in the first three months of the year.
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