Finland Gets Debt Warning as S&P Outlook Turns Negative

S&P Global Ratings cut the outlook on Finland’s debt to negative from stable, as the Nordic nation’s debt pile keeps growing.

“The negative outlook reflects persistent risks to Finnish public finances stemming from low growth, aging demographics, and rising defense and interest expenditure,” rating company said in a statement, that also saw the country’s rating maintained at AA+, the second-highest grade and nine levels above junk.