The proximity to expanding markets around the Baltic Sea makes Stockholm a very attractive city for investors. The Scandinavian countries, along with the Baltic Sea area, are increasingly viewed as one collective market by global companies.
Triple A rated
On December 6, 2013, Standard & Poor's Ratings Services affirmed its 'AAA' long-term and 'A-1+' short-term issuer credit ratings on the City of Stockholm based on the following conclusion:
- The City of Stockholm will retain robust budgetary performance, as sound operating balances and substantial capital revenues are offsetting the city's budgetary pressures from increasing capital expenditures.
- They regard positively that Stockholm's comprehensive budgetary flexibilities, together with their view of a "very positive" financial management, indicate that the city's investments will only increase tax-supported debt to moderate levels through 2015.
”The stable outlook reflects our expectation that Stockholm will post a persistently solid budgetary performance, that its substantial capital expenditures and its municipal companies will require only moderate debt financing through 2015, and that the city will uphold prudent debt and liquidity management”, Standard & Poor’s Ratings Service, December 6, 2013.
Read more about the financial growth in the Stockholm region by clicking on the links below.