Countries emerging markets will face pressure on their credit ratings, as economic recovery remains weak, and government budget deficits are growing, believe in the Standard Poor s.

Our projections indicate as to maintain continuous pressure on the ratings - the agency Bloomberg quotes the words of the managing director of sovereign ratings service SP John Chambers. - Economic conditions remain difficult. The financial situation of almost all governments would be worse than in the previous five years.

budget deficit and government debt levels have grown considerably since the state sent a total of about $ 2 trillion on measures to stimulate the economy after the crisis. The continuing rise in unemployment also mean that income from tax revenues will decline and will require new social spending.

GDP will decline or remain unchanged this year at 75% of the 42 countries with developing economies. In eight countries, including Bulgaria, Hungary and El Salvador, the economy will continue to decline next year, is projected at S P.

Chinese economy will grow next year by 8,3% in 2011 to 6,9%. GDP of Brazil, Russia and India will increase in 2010, respectively, by 2,5%, 2,4% and 4,5%, projected to S P.

most significant duty in the next two years, according to analysts' expectations of the agency, accumulate in Lebanon (140% of GDP), Jamaica (117% of GDP), India (87% of GDP) and Hungary (82% of GDP).

downgrading of emerging markets slowed in the past six months, the report said the agency. The forecast on ratings of the 12 States is a negative, it means that the ratings may be rather lowered than raised or left unchanged.

For the six months

SP downgraded the credit rating in foreign currency 3 out of 42 countries in emerging markets - El Salvador, Jamaica and Nigeria.

According

index EMBI, determinable JPMorgan Chase and monitor the bond market, the yield spread on emerging markets bonds US Treasuries up on Monday, 3.4 percentage points. The average value of this index for the six months was 4.3 percentage points.