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Crypto@FirstSquawk on XFiled 4 days ago

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Fitch affirmed Berlin's 'AAA' credit rating while maintaining a stable outlook, leaving the German capital's top-tier standing intact. The decision keeps Berlin among the small group of sub-sovereign issuers holding the highest possible grade from the agency. The stable outlook signals Fitch does not expect a downgrade in the near term, supporting the city-state's continued access to favorable borrowing terms. The affirmation matters for Berlin's funding costs as it manages its budget and debt profile. What to watch next is whether Fitch revisits the assessment at its next scheduled review and whether Berlin's fiscal trajectory holds up amid Germany's broader economic slowdown.

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Berlin, Fitch