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

    https://www.joongang.co.kr/article/25302373

    1 Comment

    1. ShadowWhisperer_007 on

      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

    Leave A Reply