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Economy
Fitch affirms Greece’s rating at ‘CCC’ In its scheduled review published on Friday evening, Fitch affirmed Greece’s rating at ‘CCC’. It is worth noting that S&P has the highest rating (B-) on Greece, three notches above that of Moody’s (‘Caa3’) and two notches higher than Fitch.
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Economy
S&P raises core Greek banks’ ratings, with a stable outlook Standard & Poor’s raised on Tuesday evening the four core Greek banks’ ratings to ‘CCC+/C’ from ‘SD,’ with a stable outlook, in the wake of capital controls being relaxed.
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Economy
S&P affirms Greece’s rating with stable outlook As was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable.
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Economy
S&P highlights risks for Greek banking sector Greek banks still face higher economic risks than most banking sectors globally, while the country’s economic prospects remain highly uncertain, S&P notes in its latest report on local lenders released on Wednesday evening.
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Economy
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March In an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook.
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Economy
Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015 Fitch affirmed on Friday evening Greece’s rating at ‘CCC’, where it had been upgraded by one notch on August 18.
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Economy
S&P affirms Greek ratings at 'CCC+/C' with stable outlook In its scheduled rating review, S&P affirmed on Friday Greece’s long- and short-term rating at ‘CCC+/C’ with a stable outlook.
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Economy
Fitch puts Greek banks' capital needs between 11.2 and 15.9 bln A report by Fitch ratings agency estimates the 25 billion earmarked in the Euro Summit statement of July 12 for Greek bank recapitalisation should be sufficient unless deferred tax assets (DTA) cease to be counted as core capital.
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Economy S&P raises Greece’s rating by two notches in first upgrade since Sept 2014 Standard & Poor's raised Greece’s long-term rating by two notches from ‘CCC-‘ to ‘CCC+’ with a stable outlook on Tuesday.
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Economy
Moody's downgrades Greece's rating by one notch to Caa3 Following S&P and Fitch, Moody’s downgraded on Wednesday Greece’s government bond rating by one notch to Caa3 from Caa2, while rating is on review for further downgrade.