Bloomberg News

Finland’s Credit-Rating Outlook Falls to Negative at Japan’s R&I

March 27, 2012

Finland’s credit-rating outlook was downgraded to “negative” from “stable” at Japan’s Rating and Investment Infortmation Inc., which affirmed the Nordic country’s AAA rating, according to a statement posted on its website today.

It cited Finland’s competitiveness and a slow-down in the information and communications technology industry as reasons for the drop in outlook. Nokia Oyj (NOK1V)’s decline relative to competitors in the smartphone market has affected Finland’s economy, Tokyo-based R&I said.

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net


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