We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » May 2, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
S&P affirms 'A-' rating for Cracow and 'BBB+' for Lodz
May 2, 2014   
Article's tools:

Standard & Poor's Ratings Services April 25 affirmed its 'A-' foreign and local currency issuer credit ratings on Cracow and 'BBB+' for Lodz, with stable outlook for both Polish cities .

The agency wrote that Cracow continues to demonstrate strong budgetary performance fuelled by economic recovery and management's commitment to cost-containing measures.S&P added that the city's liquidity position remains weak, but is improving gradually.

As for Lodz, the agency wrote that the city has improved its operating performance due to cost-containing measures. However, S&P added that the overall budgetary performance remains under pressure while the city implements a very large-scale capital investment program.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE