Credit rating agencies

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.

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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