Warnung von Fitch: „Die Amtsenthebungskrise in Südkorea ist immer noch beherrschbar, aber eine Verlängerung könnte zu einer Herabstufung der Kreditwürdigkeit führen.“

Fitch Ratings expressed concern about South Korea’s economic uncertainty until the Constitutional Court’s ruling on President Yoon’s impeachment. Key points:

**Short-term Impact:**

No immediate effect on Korea’s credit rating (AA-/Stable)

Political uncertainty may affect financial markets

Central bank and Ministry of Finance’s policies helping mitigate risks

**Long-term Risks:**

Prolonged political uncertainty could pressure credit rating

Current situation deemed more uncertain than previous impeachments (2004, 2017)

Concerns about fiscal health if additional budget spending increases

Challenges in addressing structural issues like low birthrate and pension reform

**External Factors:**

Potential Trump administration trade tariffs could affect GDP

China’s economic slowdown

Diplomatic vacuum might affect US trade negotiations

**Recovery Outlook:**

Korea has strong foreign reserves and external assets

Economy expected to stabilize once political uncertainty resolves

Growth forecast: 2.1% (2024), 1.9% (2025), with downside risks