UPDATE: Fitch Affirms Germany at 'AAA,' Outlook Stable
August 07, 2013 at 11:45 AM EDT
Fitch Ratings has affirmed Germany's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'AAA' with Stable Outlook. The agency has also affirmed the Short-term foreign currency IDR at 'F1+' and the Country Ceiling at 'AAA'. KEY RATING DRIVERS The affirmation of Germany's sovereign ratings reflects the following factors: - The government has overachieved on