Standard & Poorís might reconsider Sverdlovsk Regionís credit rating

Standard & Poorís International Services, Inc. might reassess Sverdlovsk Regionís credit rating, the spokesperson for the regionís Ministry of Economics and Labor reports.

The agencyís representative hinted at this possibility in the course of meeting the regional government officials. The meeting was also attended by representatives of Yekaterinburg municipal council and some executives of Reftinskaya poultry plant, Oblkommunenergo, and Sverdlovsk Region Mortgage Lending Agency.

The meeting was devoted to the examination and evaluation of reports on the regionís economic development that were drawn up by the Governorís administration and the regional governmentís subdivisions.

Standard & Poorís is expected to make the decision regarding the regionís credit rating shortly after the meeting. At the moment, Sverdlovsk Regionís rating is confirmed at BB, with Positive Rating Outlook.

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