Finland loses top triple-A rating from Standard and Poor's

PARIS (AFP) - Standard and Poor's stripped Finland of its top triple-A rating on Friday, cutting it by one notch to 'AA+', due to dimmed economic growth prospects in the euro-zone nation.

The agency said the "downgrade reflects our view of the risk that the Finnish economy could experience protracted stagnation" due to headwinds from the global economy, its key IT sector taking a hit, and demographic problems.