Standard & Poor’s report showed a divergence of fortunes between the «old» members of the European Union and those accessed to the EU recenlty.

The report also showed that new EU members and candidates perform better on the market and have stronger potential than «old» ones that do not see peaks recently. “To the extent that recent and prospective EU members continue to work on aligning their legal, institutional and economic structures to EU requirements, the positive trend in sovereign creditworthiness will continue,” according to the report.

The new member countries that gain momentum and those seeking joining the EU are undertaken to “underpin their ambitions”, said S&P credit analyst Moritz Kraemer. Their economies and public finances will become “structurally more resilient” within the reforms, he added.

The report also said the negative credit trend may be exacerbated by the weakening in the EU Stability and Growth Pact.