Moody’s changes Slovenia view

Moody's Investors Service said it affirmed Slovenia's Baa1 long-term issuer and senior unsecured bond ratings and changed the outlook to positive from stable.

The agency said the key driver for the change in the outlook is the ongoing institutional response to the underlying problems laid bare by the sovereign debt crisis at the start of the decade.

The affirmation reflects government debt levels that, although declining, remain more elevated than peers, Moody’s added.

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