Morningstar DBRS Confirms Slovakia at A (low), Stable Trend

Bratislava, 7 February (TASR) - Canadian rating agency Morningstar DBRS has maintained Slovakia's rating at A (low) with a stable outlook, confirming the rating given to the Slovak Republic in August 2025, TASR was told by the Finance Ministry's press department on Saturday. "The stable trend on Slovakia's credit ratings reflects Morningstar DBRS' view that the country's solid macroeconomic features and ongoing fiscal consolidation efforts balance challenges to the near-term economic outlook and lingering fiscal pressures," stated the agency in its evaluation. Morningstar DBRS pointed out that Slovakia's institutional and economic framework is anchored by its memberships of the European Union, the Euro area and NATO. "At the same time, Slovakia is expected to benefit from additional inflows in the country's capital account supported by EU-funds over the next few years," noted the agency, adding that Slovakia's external indebtedness remains at moderate levels overall. In its report it further drew attention to a current challenging international trade environment, particularly due to more restrictive U.S. trade policies. The agency also notes the government's steps to gradually reduce the public finance deficit through extensive consolidation measures. It expects increased drawdown of EU funds to support public and private investment in the short term. According to the Finance Ministry, Morningstar DBRS's rating is consistent with other ratings from Moody's and Fitch. In December 2025, Moody's confirmed Slovakia's A3 rating with a stable outlook. In November last year, Fitch Ratings left its rating unchanged at A- with a stable outlook. In October 2025, Standard & Poor's confirmed Slovakia's A+ rating with a negative outlook. am