Standard & Poor’s Lowers Netherlands Credit Outlook to AA+

Standard & Poor’s Lowers Netherlands Credit Outlook to AA+

Standard & Poor’s (S&P) lowers Netherlands credit outlook to AA+ from AAA due to the country’s weak economic performance that hinges mainly on the government’s austerity measures. This was made worse by falling housing markets and declining consumer confidence. On the other hand, the same financial services company raised Spain’s credit outlook to BBB reporting […]