Slovakia’s rating improves

The London-based international rating agency Fitch Ratings increased Slovakia's overall economic rating on Tuesday by one level, to level A. According to Finance Minister Ivan Miklos, the rating improvement was mainly caused by intensive economic growth, thanks to which Slovak living standards are moving closer to those of people in western Europe. He added that Fitch Ratings considered the current political situation in Slovakia and the possibility of a populist Government after the next general election to be the most serious risks to the future development of the Slovak economy.