Китайское рейтинговое агентство Dagong Global Credit Rating Co снизило рейтинг Великобритании с AA- до A+. В прошлом году подобному снижению подверглись и США. Как не странно паники это действие нигде не вызвало, ну это же не какие-то там мудис, фитч или СнП.
12:50a ET May 24, 2011 (Dow Jones)
China Ratings Agency Downgrades UK Sovereign Credit Ratings
BEIJING (Dow Jones)--Chinese ratings provider Dagong Global Credit Rating Co. said Tuesday it downgraded the local and foreign currency sovereign credit rating of the U.K. from AA- to A+ with a negative outlook.
"The downgrade reflects the true status of the deteriorating debt repayment capability of the U.K. and the difficulty in improving its sovereign credit level in a moderately long term in the future," Dagong said in a statement.
"Considering that the uncertainty arising from (future) monetary policy adjustments of the Bank of England and the spillover effect of the European countries...are likely to further worsen the government's fiscal status, Dagong gives the negative outlook on the local and foreign currency sovereign credit rating of the U.K. (for the next) one to two years," Dagong said.
The U.K. economy grew 1.3% in 2010, and economists are expecting little or no change to the first quarter's 0.5% quarter-on-quarter expansion when the Office for National Statistics publishes its revised estimate May 25.
The government's fiscal deficit rose to 9.8% of gross domestic product last year, and its debt increased to 78.7% of GDP.
Dagong said it expects the U.K. government's fiscal deficit to be 9% of GDP this year, above its target of 7.9%, and the government may struggle to meet its medium- to long-term fiscal austerity goals.
Dagong said the data indicate a deterioration in the U.K.'s ability to service its debt, while global inflation triggered by excessive issuance of the U.S. dollar will also affect growth.
The U.K.'s debt burden leaves it little room to use monetary and fiscal policies to boost domestic demand and stimulate its economy, and its deficit will remain a high level, Dagong said, without giving a time frame.
The U.K.'s banking system has a large amount of risk exposure, which could create risks for the government, Dagong said, adding it estimates that about 40% of the banking system's GBP2 trillion worth of assets is exposed to risk.
-Eliot Gao contributed to this article, Dow Jones Newswires; (86 10) 8400-7705; Этот e-mail адрес защищен от спам-ботов, для его просмотра у Вас должен быть включен Javascript
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