Scope Ratings once again confirmed the “positive financial state of the country, due to economically robust foundations and cautious budget management,” in a statement released on Friday.
The agency highlighted that “concrete interventions in favor of the construction sector and households have permitted the economic relaunch in 2024,” adding that further growth is expected, driven by a high level of public investment.
“The rating generally reflects a prosperous and competitive economy supported by high added-value sectors and robust institutions,” the statement noted.
Looking ahead to the medium term, Scope Ratings expects “moderate public deficits and a trajectory of manageable public debt.”
