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Finland regains stable rating outlook from S&P


16:17, January 16, 2013

HELSINKI, Jan. 15 (Xinhua) -- Finland regained a triple-A credit rating with a stable outlook from ratings agency Standard & Poor's, local media reported on Tuesday.

According to Finnish broadcasting company YLE, S&P said risks to Finland's financial, economic and policymaking environment emanating from the eurozone crisis have remained contained.

It added that measures taken by the Finnish government to strengthen the economy was satisfying, even though Finland's economy was only expected to growth by 0.5 percent in 2013.

S&P also upgraded the outlook on Luxembourg's AAA rating to stable, saying that the country's strong finances and stable political environment are sufficient to outweigh risks to its economy.

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