S&P revises Austria’s credit rating outlook to positive, sees energy supply improvements By Reuters

(Reuters) – Credit rating agency S&P Global Ratings has revised Austria’s outlook to positive from stable, citing the country’s improving energy supply position and solid budgetary situation.

“The positive outlook reflects the potential that Austria’s energy supply position improves further while its economy remains robust over the next 24 months,” S&P said in a statement late on Friday, affirming the country’s AA+/A-1+ long- and short-term foreign and local currency sovereign credit ratings.

The positive outlook also reflected the…