Credit rating agency
Fitch rates Turkey's stable outlook with BBB-, BBB
The international credit rating agency, Fitch, has affirmed Turkey's long-term foreign and local currency Issuer Default Ratings at BBB- and BBB, respectively with a stable outlook.
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S&P keeps Greece on creditwatch negative
Standard & Poor?s retained Greece?s sovereign ratings at B- and on creditwatch negative for the next couple of months on Friday.
The ratings agency commented that the country?s position in terms of liquidity is deteriorating, «requiring additional funding commitments in the second quarter."
It also pointed to the lack of a clear funding plan, short- or long-term.
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Fitch: Grexit is a real danger, but chain reaction unlikely
Fitch rating agency released a statement of Friday according to which Greece's exit from the eurozone is still possible. However, this development is unlikely to cause a systemic crisis like the one in 2012, Fitch notes.
Risk of contagion from Greece is low, says ratings agency S&P
The risk of Greece's turmoil spreading to the rest of the euro zone is low, a senior official at ratings agency Standard and Poor's said in a German newspaper interview on Wednesday.
S&P, Fitch issue warnings on Greek bank ratings
Ratings agencies Fitch and Standard & Poor?s on Tuesday warned on the long-term ratings of four Greek banks as uncertainty surrounds Greece getting financial support from the European Central Bank.
Fitch placed the long-term ratings of Alpha Bank, Eurobank, National and Piraeus on negative watch.
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Moody's Assigns Provisional Baa2 Rating to Bulgaria
Moody's Investors Service assigned a provisional unsecured (P)Baa2 rating to Bulgaria's EUR 8 B Global Medium Term Note (GMTN) programme on Friday.
The rating reflects the country's weak economic growth outlook in an environment of moderate credit expansion and persistent unemployment.
S&P Downgrades Russia's Credit Rating to `Junk`
The US rating agency Standard & Poor's (S&P) has downgraded Russia's credit rating to junk, which is below investment grade.
Russia's credit rating has been lowered to such a level for the first time in a decade, Bloomberg reports.
Having a rating of BB+, Russia is on a par with Bulgaria and Indonesia, which makes it difficult for Moscow to borrow money from investors.
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Excluding Greek bonds from ECB QE would be bad for Greek rating, agencies say
Excluding Greek bonds from any European Central Bank quantitative easing program would be bad news for the country's recently upgraded credit rating, the main ratings agencies said.
Standard & Poor's affirms Serbia's BB- credit rating
BELGRADE - The Standard & Poor's (S&P) credit rating agency has affirmed Serbia's BB- credit rating with negative outlook, the Public Debt Administration of the Ministry of Finance announced on Tuesday.
Fitch affirms Serbia's B+ credit rating
Fitch affirms Serbia's B+ credit rating
BELGRADE -- The Fitch Ratings credit rating agency has affirmed Serbia's B+ credit rating, the Public Debt Administration announced on Monday.
Serbia's credit outlook remained stable, the Public Debt Administration said on its website.
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