11/4/2025 Rating announcement EN
Scope affirms the Land of Baden-Württemberg's AAA rating with Stable Outlook
Robust budgetary performance, conservative budgetary, debt and liquidity management and a large, wealthy and resilient economy support the rating. Credit challenges are the low expenditure flexibility related to cost pressures and a high pension burden.
11/4/2025 Rating announcement EN
Scope affirms NRW's AAA rating with Stable Outlook
A strong institutional framework, excellent market access, conservative financial, debt and liquidity management, and sound economic fundamentals are strengths. Relatively high debt and some budget pressures, with moderate flexibility, are challenges.
11/4/2025 Rating announcement EN
Scope affirms the City of Trondheim’s AAA rating with a Stable Outlook
Robust budgetary performance, ample liquidity, a sustainable economy and a well-integrated institutional framework support the rating. A high debt stock, limited revenue and expenditure flexibility are challenges.
