Finland May Lose Top Fitch Rating Amid Stagnation, Rising Debt

Finland came a step closer to losing its top credit grade at Fitch Ratings as divisions within the government led to a failure to stem the growth of public debt.

The outlook on the northernmost euro member’s long-term AAA rating was reduced to negative from stable, the rating company said in a statement Friday. While the statement affirmed the top rating, slow economic growth and mounting debt could lead to a cut, Fitch said.