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March 29, 2019 Another AAA confirmed for Luxembourg

LUXEMBOURG - The rating agency Standard and Poor's confirmed the triple A of Luxembourg, with a stable outlook.
The Finance Ministry said Friday night that Standard and Poor's (S & P) confirms the AAA credit rating for Luxembourg, with stable outlook.
In its analysis, the agency stresses that the prosperity of the Luxembourg economy continues to benefit from an effective institutional framework, a prudent fiscal policy as well as robust and sustainable economic growth, the ministry said.

S & P also believes that the financial sector "remains a key sector of the country's economy and that it will continue to benefit from the relocation of financial players in the context of Brexit".
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