...Overview we consider that Austria's economy remains diversified and prosperous. + we project that Austria's net general government debt will decline as growth + recovers, thanks in part to government reforms that have stimulated employment. we are therefore affirming our '##+/A-1+' ratings on Austria. + The stable outlook reflects our expectation that Austria's economic, fiscal and + external credit metrics will remain close to current levels over our 2017-2019 forecast period. rATing AcTiOn On March 17, 2017, S&P global ratings affirmed its '##+/A-1+' long- and short-term foreign and local currency sovereign credit ratings on the republic of Austria. The outlook is stable. At the same time, we affirmed our '##+' long-term and 'A-1+' short-term issue ratings on Austria's senior unsecured debt. we also affirmed our '##+' long-term local currency issue rating on the sovereign-guaranteed bond (XS0863484035) of subordinated debt issued by Heta Asset resolution Ag, since Austria services this...
