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Fitch Confirms Luxembourg's Solid 'AAA' Rating | Markets & Money News
Fitch Ratings has reaffirmed Luxembourg's 'AAA' credit rating with a stable outlook, highlighting the nation’s strong public balance and high income per capita. With government debt at just 26% of GDP, well below the 'AAA' median, Luxembourg's financial health remains robust. Projected fiscal deficits are expected to decrease, driven by economic growth and increased tax revenue. However, potential pressures from social spending and public investment pose challenges. The banking sector remains
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