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Summary: Municipality of Orebro
Standard & Poors, May 2011
The ratings on the Swedish Municipality of -rebro reflect Standard & Poor's Ratings Services' view of the municipality's modest debt position, dynamic local economy, and robust budgetary performance. Sweden's stable and supportive local and regional government (LRG) system and -rebro's strong liquidity position provide additional support for the ratings. Offsetting these strengths, in our view, is an unemployment rate higher than the national average, and to some extent -rebro's current political situation as the municipality recently held new elections after elections in 2010 were nullified. -rebro's debt position is modest. In 2010, the city initiated a process of centralizing the funding of its company group within the city treasury. Accordingly, onlent funds from the city treasury have replaced some parts...
Companies mentioned in this report are: Municipality of Orebro
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Municipality of Orebro