Ratings: Foreign and Local Currency: AA+/Stable/A-1+ For further details see ratings list. The Austrian government has called early elections, which has increased the likelihood of pre-election fiscal slippages.There is also uncertainty as to the likely fiscal stance of the next government. However, we consider Austria's economy to be diversified and prosperous, with improving external balances, current account surpluses, and declining levels of short-term external debt. We are therefore affirming our 'AA+/A-1+' ratings on Austria. The stable outlook reflects our expectation that Austria's political institutions will maintain economic, fiscal, and external credit metrics close to current levels over our 2017-2019 forecast horizon. On Sept. 15, 2017, S&P Global Ratings affirmed its 'AA+/A-1+' long- and short-term foreign and local currency sovereign credit
