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S&P reaffirms Luxembourg's AAA rating

Published Wednesday April 08 2015

Standard & Poor's has reaffirmed Luxembourg's AAA rating with a stable outlook, noting favourably the country's economic trends and faster growth than the eurozone average. Minister of Finance Pierre Gramegna says the rating confirmation boosts confidence in the economy and encourages creation of new jobs. Luxembourg also has a top rating from the other two major agencies, Moody's and Fitch.

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