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Fitch maintains Holland's AAA rating

Jan. 17, 2014 4:02 AM ETiShares MSCI Netherlands ETF (EWN)EWNBy: Yigal Grayeff, SA News Editor
  • Fitch has kept its ratings for Holland at AAA, citing the country's "strong underlying economic, institutional and credit fundamentals.”
  • The Netherlands' "consistent current account surpluses and positive net international investment position, as well as its strong financing flexibility," were also factors in Fitch's decision.
  • However, the Netherlands' weak growth prospects led the ratings agency to maintain the Dutch outlook at negative.
  • Fitch's note comes after S&P stripped Holland of its AAA rating in December. (PR)
  • ETF: EWN

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