Credit rating

S&P affirms Turkey's rating

Global ratings agency Standard & Poor's on Feb. 24 affirmed Turkey's sovereign rating at 'BB' with a negative outlook. 
The agency said any changes in external financial conditions could restrict Turkey's financial and corporate sectors’ ability to roll over large external debt. 

Standart & Poor's and Fitch Increased their Rating for Bulgaria

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.

Moody's Agency Downgraded Britain's Credit rating after May's Speech

Moody's downgrades its UK credit rating after Prime Minister Theresa May's speech on the Brexit negotiations. Late yesterday, the international rating agency lowered the long-term rating of the British debt from Aa1 to Aa2 with a stable outlook, world agencies reported. According to Moody's, Brexit creates uncertainty and will severely affect the economy.

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