Announcements
Drinks
26/4/2024 Rating announcement EN
Scope downgrades Austria to AA+ and revises the Outlook to Stable
Growing divergence of the fiscal trajectory from highly-rated peers and a constrained medium-term macro-economic outlook drive the downgrade. A wealthy, diversified economy, strong debt affordability and sound external position are credit strengths.
7/7/2023 Rating announcement EN
Scope revises Austria's Outlook to Negative from Stable, affirms ratings at AAA
Continuing dependence on Russian energy imports and persistent divergence of the fiscal trajectory from highly-rated peers drives Outlook revision. A wealthy, diversified economy, favorable debt profile and sound external position are credit strengths.
12/8/2022 Rating announcement EN
Scope affirms Austria’s rating at AAA with a Stable Outlook
Austria’s robust economy, favourable debt profile, low private and external indebtedness and sound banking system support the rating. A high public debt stock and rising long-term spending pressures are challenges.
3/9/2021 Rating announcement EN
Scope affirms Austria’s credit rating at AAA and maintains the Stable Outlook
Austria’s robust economy, favourable debt profile, low private and external indebtedness and sound banking system support the rating. A high public debt stock and rising long-term spending pressures are challenges.
11/3/2019 Monitoring note EN
Austria: AAA, despite the cyclical slowdown and modest reforms
Austria’s wealthy, competitive economy, declining public debt, low private and external debt levels, and macroeconomic stability support the rating, but limited reforms to the country’s structural challenges pose medium-term risks, says Scope Ratings.