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View Full Version : English Averts NZ Credit Rating Cut With Tax-Cut Delays - Bloomberg



NewsWhore
05-28-2009, 10:10 AM
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English Averts NZ Credit Rating Cut With Tax-Cut Delays (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Daf47KJITFljo%26refer%3Daustralia&cid=1248072189&ei=ro8eSrSeJJfi6wPC1fiVDg&usg=AFQjCNHBgyKecuuHnT_lA1HKMBE7utqbdg)
Bloomberg
S&P increased the outlook on the AA+ foreign-currency rating to stable from negative, saying the budget will support the nation&#39;s fiscal position. The cash deficit will widen to a record NZ$12.52 billion ($7.7 billion) in the year to June 30, 2011, ...


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