Moody's affirms Slovenia's credit rating

SLOVENIA, April 12 - The agency cited the country's open economy, higher income levels compared to its peers, and a diversified industrial base as key reasons for maintaining the credit rating. The credit rating also reflects Slovenia's solid institutional framework, which includes sound macroeconomic management with prudent budgetary policies and a long-term-oriented debt management strategy.

The positive outlook reflects an increasing likelihood of a sustained improvement in Slovenia's fiscal position. This outlook is further supported by the proposed pension reform, which aims to ensure the long-term sustainability of the pension system. Slovenia's credit rating could be upgraded in the near future if it keeps reducing its debt successfully and adopts the proposed pension reform.