|
|
 |
|
Viewing report
|
|
|
|
Bulletin: BULLETIN: Republic of Montenegro Independence Vote As Expected, No Risk To Sovereign Ratings May 06
Standard & Poors, May 2006
Abstract
LONDON (Standard & Poor's) May 23, 2006--Standard & Poor's Ratings Services said today that the outcome of the referendum for independence in the Republic of Montenegro (BB/Positive/B) did not pose risks for the ratings on the sovereign. Montenegrin independence from the Union of Serbia and Montenegro had been expected, and the 'yes' vote in excess of the 55% threshold requested by the EU (according to official preliminary results) means that the referendum outcome is decisive, and should not affect political and economic stability in Montenegro in the short- to medium-term. Indeed, with this hurdle successfully crossed, the Montenegrin government will be able to return its focus to the implementation of macroeconomic and structural reforms, and to EU integration. Standard &...
Companies mentioned in this report are: Montenegro (Republic of)
Action: Bulletin
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
