Europe’s sovereign debt crisis may pressure ratings of Asian countries such as Sri Lanka, India and Indonesia by disrupting global funding markets, according to Fitch Ratings.
Japan’s creditworthiness is under pressure as the government’s debt burden swells and households save less, Fitch Ratings analyst Andrew Colquhoun said.
Japan’s March 11 earthquake may help politicians come together in the wake of the crisis, according to Fitch Ratings.
"Fitch is surprised that the Indian Finance Minister Arun Jaitley has stuck with the outgoing government's fiscal consolidation path."
- Andrew Colquhoun on Jul 10, 2014