S&P warns of public finances, credit threats to Albania’s ‘B’ stable rating

Tirana Times
By Tirana Times February 5, 2018 17:43

S&P warns of public finances, credit threats to Albania’s ‘B’ stable rating

Story Highlights

  • S&P says Albania's ratings are primarily constrained by the country's "ineffective institutional framework, weak rule of law, and endemic corruption, as well as by its low level of economic development."

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TIRANA, Feb. 2 – U.S.-based Standard and Poor’s has once again affirmed Albania’s ‘B+/B’ long- and short-term sovereign credit ratings with a stable outlook, but warned external and monetary vulnerabilities

Tirana Times
By Tirana Times February 5, 2018 17:43