LONDON -- Standard&Poor's CreditWire 5/13/98 -- Standard&Poor's today affirmed its double-'A'-plus long-term foreign currency sovereign credit and senior unsecured ratings as well as its 'A-1'-plus short-term foreign currency sovereign credit and commercial paper ratings on the Kingdom of Denmark. At the same time, the outlook on the long-term ratings is revised to positive from stable. Standard&Poor's also affirmed its triple-'A' long-term local currency sovereign credit and senior unsecured ratings and its 'A-1'-plus short-term local currency sovereign credit rating on Denmark. The outlook on the long-term local currency ratings is stable. The ratings and positive foreign currency rating outlook are supported by: -- Denmark's strong commitment to fiscal consolidation. A small general government surplus in
