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- Standard & Poor’s upgrades the Netherlands’ sovereign credit rating to AAA
Standard & Poor’s upgrades the Netherlands’ sovereign credit rating to AAA
Standard & Poor's Ratings Services raised the Netherlands' sovereign credit rating to AAA from AA+ on Friday. The outlook is stable.
"The upgrade reflects our view of the strengthening of the economic recovery in the Netherlands, with domestic demand growing strongly as a result of increases in real disposable income, employment, and investment activity," the agency said.
S&P expects the economy to continue to recover.
The agency lowered the Netherlands' credit rating in 2013.
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