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7 Jun 21
Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
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1 Jun 21
The global recession caused by the coronavirus pandemic led to a record 32 credit rating downgrades in 2020, according to ratings agency Fitch.
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11 May 21
Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
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19 Apr 21
Rising debts and the differing strength of public finances across eurozone countries make reforming European fiscal rules more challenging, ratings agency Fitch said in a report.
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14 Apr 21
Vietnam’s successful campaign to contain the spread of Covid-19 could lead to an upgrade to its credit rating, according to a ratings agency.
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13 Apr 21
Greece’s public debt rose to 207% of GDP at the end of 2020 but remains on a sustainable footing, according to ratings agency Fitch.
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24 Mar 21
The economic disruption caused by Covid-19 will have a long-lasting impact on public finances and sovereign credit ratings, according to ratings agency Fitch.
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18 Mar 21
Global GDP forecasts for 2021 have been revised up due to the “larger than expected” $1.9trn US stimulus package, according to rating’s agency Fitch.
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18 Feb 21
Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
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23 Nov 20
Two ratings agencies have downgraded South Africa’s credit rating further into junk status, in a “painful” move that will increase the country’s borrowing costs and likely lead to spending cuts or...