Following in the footsteps of Fitch Rating, Scope and Morningstar DBRS, Moody's has confirmed the country's sound financial health. Photo: Shutterstock

Following in the footsteps of Fitch Rating, Scope and Morningstar DBRS, Moody's has confirmed the country's sound financial health. Photo: Shutterstock

The credit rating agency Moody's has confirmed Luxembourg's top-notch AAA rating with a stable outlook.

"Insofar as, in 2024, the pace of revenue growth exceeded that of expenditure, the agency has revised its projections for the general government balance and the level of debt and now expects the latter to stabilise in 2025-2026,” Luxembourg’s government noted in a press release on the rating agency grand slam on 7 February 2025. “Moody's thus underlines the importance of solid public finances and forecasts sustained growth for the country.”

"The agency also highlights the solidity of Luxembourg's institutions and governance. These are among the best rated by the agency, thanks in particular to the ability of the authorities to effectively manage the risks to the economy, public finances and the financial sector."

Read the original French-language version of this news report /