Czech rating may be raised by S&P on pension overhaul

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CZECH REPUBLIC - The Czech Republic's debt rating may be raised if the new government follows through on pledges to reduce spending, including an overhaul of the pension system, Standard & Poor's said.

S&P revised its outlook on the country's long-term credit rating to "positive" from "stable," the rating company said late yesterday in a statement. The Czech Republic's debt is rated A by S&P, ...

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