Second risk rating agency upgrades Uruguay to investment grade

Tuesday, July 31st 2012 - 22:22 UTC

Full article 4 comments

Moody's Investor Service upgraded Uruguay's sovereign ratings from Ba1 to Baa3, following Standard & Poor's upgrade announced on April. Read full article

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redpoll
Thats great news. Uruguay never has defaulted on its financial debts and obligations
Jul 31st, 2012 - 10:48 pm - Link - Report abuse 0
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Captain Poppy
Next step is to jump from the Mercosur ship before it sinks. Fatboy hugo will sink it fast
Jul 31st, 2012 - 10:55 pm - Link - Report abuse 0
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ChrisR
Good news for Uruguay, not really down to Pepe as the groundwork was done by the opposition parties. At least he had the sense to leave well alone.

I just wish he would distance the country from the other two women in his life besides his wife.

It really is about time Astori made more effort to get foreign investment ramping up, instead of sitting on his backside waiting for Pepe to fcuk up again.

He will not get the presidency with tricks like this as the Uruguayo people are not stupid like the southern misfits. Already my friends have said it may be too late for him to recover from the last twelve months and especially the Pluna debacle which was directly his responsibility.
Aug 01st, 2012 - 06:08 pm - Link - Report abuse 0
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Captain Poppy
Uruguay is not landlocked, trapped. He should steer Uruguay as fast as he can while he can.
Aug 01st, 2012 - 09:09 pm - Link - Report abuse 0
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