S&P's affirmed rating sends good signal to new investors, says FinMin

Macedonia's stable credit rating, affirmed by Standard & Poor's (S&P), is a good signal for new investments, Deputy PM and Finance Minister Zoran Stavreski said Friday.

"S&P is one of the three leading rating agencies in the world and its affirmation of the credit rating that was announced today is a good signal proving that Macedonian policies are solid, including the debt level which is moderate, fiscal policy, monetary policy, banking sector and measures aimed at reducing the unemployment rate," Stavreski stated during his visit to Probistip.

Macedonia's rating is affirmed, he noted, in times when it is being lowered in other countries.

"In such relatively difficult times when the rating in countries such as Croatia, Ukraine, etc, is being lowered, Macedonia's is being affirmed. We have maintained stable rating, which is a good signal both for foreign and domestic investors," said Stavreski.