OREANDA-NEWS. Fitch Ratings has withdrawn the Flemish Community's 'AA' Long-term foreign and local currency Issuer Default Ratings (IDR) with Negative Outlook and its 'F1+' Short-term foreign currency IDR. Fitch has also withdrawn the 'AA' and 'F1+' ratings on the region's senior unsecured bonds and the 'F1+' rating on its commercial paper programme.

KEY RATING DRIVERS
Fitch has withdrawn the ratings as the Flemish Community has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for the Flemish Community.