Credit rating agencies
Greek 10-year bond falls to record low
Yields for the Greek 10-year benchmark bond fell to a record low of 1.268 percent on Tuesday, while the five-year benchmark bond also dropped to 0.51 percent.
The spread between the Greek 10-year bond and the German bund also stands at a new historic low since before 2004, at 165 basis points.
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Market eyes upgrades of credit rating
Expectations are growing that credit rating upgrades will be speeded up in the next few weeks, following the European Commission's approval of the Hercules plan to reduce bad loans, the government's pro-business reforms and the improvement of the Greek debt's profile following the strong bond rally.
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Moody's warns Thomas Cook liquidation is ‘credit negative’ for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is "credit negative" for Greek and Cypriot banks because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody's said in a report on Thursday.
Bulgarian PM Borisov: We will raise our revenues next year by 10%
We will raise revenues by 10 percent next year in all areas, Prime Minister Boyko Borisov announced at the 12th Summer University of MGERB.
Moody's says removal of capital controls 'credit positive' for Greek banks
A Greek government decision to fully remove capital controls in the country from September 1, announced by Prime Minister Kyriakos Mitsotakis on August 26, is credit positive for the country's lenders, Moody's said in a report on Thursday.
Moody’s report says growth prospects uncertain
In its latest report on Greece, credit rating agency Moody's says that the country's low birthrate, along with low investment and savings, casts a pall of uncertainty over economic growth prospects.
On the positive side, it notes that reforms are being accelerated and that the interest paid on debt servicing is low.
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Moody’s not expected to change rating
Citibank expects credit rating agency Moody's to keep its rating on Greece's debt steady at B1 while improving its outlook from stable to positive.
Moody's, along with Standard & Poor's, rates Greece's debt four levels below investment grade, while Fitch rates Greece a level above.
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Moody’s report awaited Friday
Moody's credit rating report comes out on Friday, with turbulent global markets also affecting the Athens Stock Exchange, whose main index has lost 12 percent this month.
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Fitch affirms Greek credit rating at ‘BB-’
Fitch Ratings kept Greece's credit rating at "BB-" with a stable outlook on Friday night, as the country has enjoyed record low yields for its sovereign bonds in the last month after the election of a new center-right government on July 7.
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Fitch retains Greece's rating three notches below investment grade
Fitch Ratings retained Greece's credit rating at 'BB-' and its outlook at "stable" on Friday, a few weeks after the latest Greek foray in the money markets with a seven-year bond.
Last February Fitch had also kept Greece's rating at 'BB-', and the outlook "stable".