Moody's affirms Germany's AAA rating; maintains stable outlook - Reuters

Moody's Ratings has announced that it affirmed Germany's rating at 'AAA' and kept the outlook unchanged as 'stable'.

Key quotes (via Reuters)

• Potential economic growth will be weighed down by unfavorable demographic trends.
• Germany has "very" high economic strength, supported by large and highly competitive economy.
• Germany's economic trend growth is relatively low and volatile compared to AAA-rated peers.
• "Very high fiscal strength" is supported by its strong public finance and sound fiscal framework.
• Funding costs of Germany are very low and ensure that debt is very affordable.
• Germany's maintenance of current fiscal policy stance is expected to yield further reductions in indebtedness over coming years.