Ireland regains double-A rating

Ireland_Adobe_230x150
By Frank Jackman
02 Dec 2019

S&P raised Ireland’s debt rating to AA- on Friday, almost nine years to day that Ireland agreed to a bailout programme from the European Troika.

Ireland lost its double-A rating in November 2010 after fallout from the post-2008 financial crisis led to the country accepting a €85bn bailout package.

A double-A rating places Ireland alongside eurozone peers France (AA), Belgium (AA) and Austria (AA+), as well as the United Kingdom (AA).

S&P cited ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial