Ratings agency S&P maintains Poland's A- rating

Global ratings agency S&P has maintained Poland's A- long-term foreign currency debt rating, pointing to the country's diversified economy, safe debt levels and strong macroeconomic foundations, Poland's Finance Ministry said in a Friday evening news release.

According to S&P, Poland's economy will shrink in 2020 due to the coronavirus epidemic.

The rating's outlook has remained stable, the ministry added.