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Bulletin: Ratings On The Kingdom of Denmark Are Not Immediately Affected By The Change In Government Sep 11
Standard & Poors, Sep 2011
Abstract
LONDON (Standard & Poor's) Sept. 19, 2011--Standard & Poor's Rating Services said today that the change of government in Denmark will not have an immediate effect on the ratings on the Kingdom of Denmark (AAA/Stable/A-1+). On Sept. 15, 2011, a Danish center-left coalition led by the Social Democrats, supported by the Socialist People's Party and the Social Liberal Party, won the right to form government after being in opposition since late 2001. We expect the yet-to-be-formed government will pursue a strategy of containing fiscal imbalances, with an increased emphasis on revenue-side measures. We also expect the new government will focus more on promoting economic growth, in particular via increased public investment projects. Additional spending--along with the government's limited ability to...
Companies mentioned in this report are: Kingdom of Denmark
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.
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