Strong economy supports Germany’s credit rating – Moody’s

FXStreet (Mumbai) - The rating agency Moody’s said on Monday that the Germany’s credit rating profile is supported by its strong economy and its fiscal prudence. However, the nation faces risk from demographic factors and a low risk from the resurgent Euro crisis.

The rating agency further added that Russia/Ukraine crisis does not pose a significant risk to the German economy as well as Germany’s credit rating. Moody’s also believes lower oil prices and a weaker Euro will support Germany's already robust economy.

Moody’s maintains stable credit outlook for Eurozone sovereigns, but mentions Grexit and deflation as downside risks. It also cites rising public debt as another factor that is a risk to credit rating profile.