BERLIN (Reuters) - Germany is not at risk of losing its ‘AAA’ debt rating due to the coronavirus pandemic, an analyst with Europe’s Scope credit rating agency told Reuters on Monday.
“Germany has lots of room to manoeuvre compared with other European countries,” Bernhard Bartels said, pointing to a solid fiscal policy in the past years.
The country, which is home to Europe’s largest economy, would not lose its AAA rating even if its gross domestic product would slump by 20%, Bartels added.
Reporting by Rene Wagner; writing by Thomas Seythal; editing by Scot W. Stevenson
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