|
|
 |
|
Viewing report
|
|
|
|
As Europe's Health Spending Rises, Sovereigns Will Suffer, But Private Health Care Should Thrive Sep 06
Standard & Poors, Sep 2006
Abstract
Like the rest of the world--whether developed or developing--Europe can't hide from the coming age wave. Demographic changes resulting from the baby boom generation's retirement over the next decade and the sustained increase in the average age of populations thereafter will be felt all across Europe. In particular, rises in pension, health care, and long-term care expenditures will weigh on national economic and fiscal performances. On a more positive note, an aging population is likely to bring new opportunities to European companies that do business in health care, especially as the private sector benefits from an expected deregulation trend. When it comes to sovereigns, past simulations by Standard & Poor's Ratings Services based on European Commission data have projected that...
Companies mentioned in this report are: Austria (Republic of),Denmark (Kingdom of),Finland (Republic of),Sweden (Kingdom of),France (Republic of) (Unsolicited Ratings),United Kingdom (Unsolicited Ratings),Spain (Kingdom of),Germany (Federal Republic of) (Unsolicited Ratings),Belgium (Kingdom of) (Unsolicited Ratings),Italy (Republic of) (Unsolicited Ratings),Ireland (Republic of),Netherlands (State of The) (Unsolicited Ratings),Portugal (Republic of),Hellenic Republic,Luxembourg (Grand Duchy of),Fresenius Medical Care AG & Co. KGaA,Marseille-Kliniken AG,Fresenius SE & Co. KGaA
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
