Moody's slashes Ireland's debt rating

clock •

IRELAND - Moody's has slashed Ireland's sovereign debt rating by two notches, to BAA3 from BAA1, on its weak economic growth prospects.

The ratings agency's outlook for the country remains ‘negative' due to the decline of the government's financial strength and uncertainty around solvency tests, which Moody's says will hinder econo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Kyle Caldwell

View profile
More from Kyle Caldwell

Bond managers: BoE will backtrack on rate rise guidance

BOE holds rates and QE ahead of landmark report

More on Ireland

Ireland

Building Ireland's new pensions regime

Like many other European countries, Ireland has been faced with the question of how to deal with its public sector pension liabilities. However, as the Bill makes its way through Parliament Helen Morrissey assesses whether the proposed changes will prove...

Helen Morrissey
clock 01 November 2011 •
Ireland

Taking a long-term view of Ireland's pensions

The Irish Association of Pension Fund's Jerry Moriarty looks at some of the major policy developments of the past year and asks what impact they will have in the future

Jerry Moriarty
clock 01 November 2011 •
Ireland

Brendan Howlin: Bringing change to Irish pensions

The Irish government has implemented a raft of contentious changes to its public sector pensions as it looks to reign in costs including raising the pension age and increasing contributions. Helen Morrissey talks to minister for public expenditure and...

Helen Morrissey
clock 01 November 2011 •
Trustpilot