20-03-2015 23:34 via news.yahoo.com

Fitch revises Finland rating outlook to 'negative'

Bond rater Fitch cut the outlook for Finland's sovereign debt grade to "negative" Friday, saying the country's growth prospects have worsened, in part because of a fall in exports to Russia. Finland still enjoys a top-level AAA rating, Fitch said. "Prospects for economic growth are weak and have deteriorated... External trade prospects have been adversely affected by a sharp fall in exports to Russia, Finland's third-largest trading partner," Fitch said.
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