Fitch affirms Czechia's AA minus rating but outlook still negative

American credit rating agency Fitch Ratings has affirmed Czechia's credit rating of AA minus, but says that the outlook for the country remains negative. This means that the agency could lower Czechia's rating later. In a press release, Fitch criticised the country's increased public debt, tax cuts, and the significant deterioration in public finance indicators.

Author: Anna Fodor