The ratings on the Swiss Canton of Solothurn benefit from the predictable and supportive institutional framework for Swiss cantons. Solothurn is a net receiver of fiscal equalization payments, which provide a reliable source of funding and amount to 12% of its expected operating revenues in 2012. While Solothurn is economically weak in a national context, compared to international peers it displays a strong economy. Consequently, the rating on Solothurn also reflects the canton's high wealth level, with a GDP per capita of Swiss franc (CHF) 53,780-–about 121% of the EU-average. Further ratings support comes from the canton's prudent management, which has implemented measures aimed at returning the canton to very strong budgetary performance over a three-year time horizon. Solothurn's good
