Moody’s Set to Upgrade Ireland For Second Time This Year
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Ireland’s rating will probably be raised for the second time in less than six months by Moody’s Investors Service as the economy stabilizes and concern that the euro-region may be under threat eases.
Moody’s will raise its ranking to Baa2 from Baa3 tomorrow, when the ratings company is scheduled to deliver its latest verdict on the country, according to six of nine analysts and economists surveyed by Bloomberg News. Three predict no change, the survey shows.