S&P places Paraguay with “stable outlook” and anticipates strong growth in 2013

Friday, August 31st 2012 - 01:40 UTC

Full article 4 comments

Standard & Poor’s credit risk rating agency improved the prospects of Paraguay, removing the country from credit-watch where it had been placed with negative implications last June 25 when the political situation that removed Fernando Lugo as president and subsequent suspension of Paraguay from Mercosur. Read full article

Comments

Disclaimer & comment rules

DanyBerger
AAA+ coming soon for Paraguay...
Aug 31st, 2012 - 04:55 am - Link - Report abuse 0
-+
Britworker
Looks like the credit ratings agencies approve of Paraguay's current regime, great news for them, they shouldn't have any problems getting loans unlike their defaulting neighbour. :-)
Aug 31st, 2012 - 08:31 am - Link - Report abuse 0
-+
British_Kirchnerist
BB-B is still well below Argentina, right?
Aug 31st, 2012 - 01:16 pm - Link - Report abuse 0
-+
ElaineB
Not really. It depends which agency figures you look at but S & P's most recent assessment have Argentina's outlook as negative. I cannot believe you are unable to see the dire condition of the Argentine economy.
Aug 31st, 2012 - 06:41 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!