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19 Jan 24
A sharp increase in borrowing costs will continue to weaken Egypt’s public finances and contributed to ratings agency Moody’s lowering its credit outlook.
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5 Dec 23
Local government and state-own services creating biggest risks, says ratings agency.
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6 Oct 23
Continued use of foreign reserves and rising borrowing costs have led to Egypt’s credit rating being downgraded by ratings agency Moody’s.
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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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19 Sep 23
Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
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4 Aug 23
A recent military coup will restrict access to finance and was a key driver in a double credit rating downgrade of Niger, Moody’s has said.
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28 Jul 23
Ratings agency acts after defence spending increase
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2 May 23
Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
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7 Mar 23
Greece will regain an investment grade credit rating this year after more than a decade in junk territory, the country’s central bank governor has said.
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8 Feb 23
Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
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30 Jan 23
The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
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16 Sep 22
Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
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10 Jun 22
India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
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23 May 22
The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
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9 May 22
The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
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28 Apr 22
Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
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23 Mar 22
Kenya’s shrinking tax base and high debt burden have kept Kenya’s credit rating at risk of a downgrade, according to ratings agency Fitch.
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15 Feb 22
Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
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30 Nov 21
Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
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27 Sep 21
The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.
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25 Aug 21
A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
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12 Aug 21
Weak medium-term growth means the Japanese government faces a challenge to bring down its sky-high public debt, rating agency Fitch has said.
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26 Jul 21
Sri Lanka has criticised rating agency Moody’s for its “surprise” downgrade review ahead of a looming debt repayment deadline it insists it was always able to pay.
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19 Jul 21
The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
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12 May 21
Historically high debt is set to test South Korea’s fiscal mettle but a strong economy has helped it retain an Aa2 rating with ratings agency Moody’s.
19 Jan 24A sharp increase in borrowing costs will continue to weaken Egypt’s public finances and contributed to ratings agency Moody’s lowering its credit outlook.
5 Dec 23Local government and state-own services creating biggest risks, says ratings agency.
2 Oct 23Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
19 Sep 23Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
4 Aug 23A recent military coup will restrict access to finance and was a key driver in a double credit rating downgrade of Niger, Moody’s has said.
28 Jul 23Ratings agency acts after defence spending increase
2 May 23Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
8 Feb 23Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
30 Jan 23The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
16 Sep 22Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
10 Jun 22India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
23 May 22The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
9 May 22The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
28 Apr 22Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
23 Mar 22Kenya’s shrinking tax base and high debt burden have kept Kenya’s credit rating at risk of a downgrade, according to ratings agency Fitch.
15 Feb 22Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
30 Nov 21Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
27 Sep 21The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.
25 Aug 21A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
12 Aug 21Weak medium-term growth means the Japanese government faces a challenge to bring down its sky-high public debt, rating agency Fitch has said.
26 Jul 21Sri Lanka has criticised rating agency Moody’s for its “surprise” downgrade review ahead of a looming debt repayment deadline it insists it was always able to pay.
19 Jul 21The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
12 May 21Historically high debt is set to test South Korea’s fiscal mettle but a strong economy has helped it retain an Aa2 rating with ratings agency Moody’s.
