Credit rating agency

Ratings agency Fitch said in a report issued on Tuesday that Greek banks still face multiple challenges.

The report warned that local lenders are likely to maintain material reliance on the European Central Bank's emergency liquidity assistance (ELA) mechanism for most of this year.

Greece's exchange of sovereign bonds held by private sector creditors is another step toward the resumption of regular bond issuance, Fitch Ratings said on Monday.

The international rating agency S & P Global Ratings increased Bulgaria's long-term and short-term credit rating in foreign and local currencies to 'BBB- / A-3' from 'BB + / B'. An increased assessment of analysts reflects the strengthening of the country's external position as a result of the prolonged expansion of exports and the increase in savings.

Fitch Ratings has cut its forecast for Turkish gross domestic product (GDP) growth in 2018 to 3.9 percent from 4.1 percent, the ratings agency said on Nov. 23.

Ratings agency DBRS said in a statement on Wednesday it expects that the current review of Greece's third bailout program will not be completed within the year, but early in 2018.

Greece aspires to have a credit rating authority for taxpayers and businesses by the end of the year.

Greek government bond yields dipped early on Monday after Fitch became the second ratings agency to upgrade it to "Single B" status, marking another milestone in the debt-laden state's slow journey away from default territory.

Turkish banking sector is regulated and monitored more favorable than emerging economies, but it is still reliant on short-term external debt, according to global rating agency Standard and Poor's.        

I know lots of people who plan on moving from Istanbul to İzmir.

Istanbul's traffic, the high cost of living and the "urban transformation" that turns into a greater nightmare each day plays an important role in this decision.

On the other hand, the fact that İzmir is the "rising star" of Turkey is another important factor.

Fitch credit ratings agency has upgraded the Greek banks in light of the recent deal at the EuroGroup and the completion of the second review. Fitch has affirmed the Long-Term Issuer Default Ratings (IDRs) of National Bank of Greece S.A. (NBG), Alpha Bank AE (Alpha), Piraeus Bank S.A. (Piraeus) and Eurobank Ergasias S.A. (Eurobank) at ‘Restricted Default’ (RD).