FRANKFURT (Reuters) – The credit ratings agency Moody’s said on Wednesday that it deemed the outlook for banking sectors in France, Germany, Sweden, Belgium and the Netherlands as “stable”, an improvement from an early “negative” outlook.
The ratings agency said risks continue as a result of geopolitical tensions, including tariffs.
But the outlook in major banking markets is “now stable, on the back of a lackluster but sustained cyclical economic recovery, bolstered by lower interest rates and stable unemployment,” said Effie Tsotsani, a Moody’s analyst.
(Reporting by Tom Sims, editing by Thomas Seythal and Madeline Chambers)
