Companies listed on the New York Stock Exchange

Rating agency Moody's has increased Portugal's rating to Ba2, in a first such move since the debt-ridden country embarked on a bailout program in 2011.

 Agency chose not to revise Greece’s credit rating, retaining the country’s ‘selective default’ status

By Sotiris Nikas

Moody’s rating agency may not have changed its rating for Greece on Friday, but the markets did not appear inclined to wait for its announcement to display their own confidence in the country’s economy.

By Vangelis Mandravelis

The target set for revenues from privatizations for this year has dropped further, as following the recent negotiations between the government and its creditors, it has reduced to 1.5 billion from 2.8 billion euros.

Ekkehard Neureither is the Country Manager of the automation and power technologies giant ABB for Bulgaria.

He is also the Local Division Manager for Low Voltage Products in Bulgaria, Romania, and Moldova.

The Moody's ratings agency has raised its outlook for Cyprus to positive, while confirming the island's Caa3 credit rating.

Moody's, one of leading rating agencies, has reassessed the outlook of Cyprus to positive.

The agency cited an unexpected fiscal and economic performance over the past year as a reason, Deutsche Welle has reported.

The city has allocated about €1 million this year to clean up unlicensed dumps, of which there are around 220 in Belgrade.