S&P analyst tells why govt numbers prompted negative credit outlook
New Zealand is not doing enough to reduce its external liabilities.That was the core message from ratings agency Standard and Poors today, when it moved New Zealand to negative credit watch.The agency was even more explicit when spoken to by the National
Rob Hosking
Mon, 22 Nov 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
New Zealand is not doing enough to reduce its external liabilities.
That was the core message from ratings agency Standard and Poors today, when it moved New Zealand to negative credit watch.
The agency was even more explicit when spoken to by the National Business Review.
Analyst Kyran Curry said
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Rob Hosking
Mon, 22 Nov 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
