Fitch Ratings has affirmed the European Union's (EU) and the European Atomic Energy Community's (Euratom) Long-Term Issuer Default Ratings (IDRs) at 'AAA' and Short-Term IDRs at 'F1+'. The Outlooks on the Long-Term IDRs are Stable. The issue ratings of EU's and Euratom's unsecured bonds have been affirmed at 'AAA'.
The affirmation of EU's and Euratom's ratings reflects the continuing strong commitment from the 28 member states to honour their contributions to the EU's budget, and more specifically, the support of the 'AAA'-rated member states.