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Fitch Downgrades Bank of Cyprus
Fitch Ratings has downgraded Bank of Cyprus (BoC) and has revised the outlooks for the island’s other two banks to negative, citing their exposure...
Fitch Downgrades Cyprus to “BBB”; Outlook Negative
Fitch Ratings announced on Wednesday that it has downgraded Cyprus’s credit outlook to “BBB” from “A-“, negative outlook.
Specifically, Fitch has downgraded the Republic of...
Fitch: Private Sector Role In Greek Deal Constitutes A Restrictive Default
Fitch Ratings Friday said the role of the private sector in the new Greek bailout plan would constitute a "restrictive default" event, but the...
Fitch Downgrades Five Greek Banks
Following the move by Fitch to downgrade Greece's long term rating to CCC from B+. on Wednesday, it made a comeback today and further...
Fitch Downgrades Greece to CCC
Fitch ratings agency announced on Wednesday it was downgrading Greece's status by three points to CCC status from its previous rating of B+.
The move...
Fitch Downgrades Cyprus Due to Exposure to Greek Debt
Fitch Rating Agency downgraded on Tuesday Cyprus` rating by three notches, citing exposure to Greek sovereign debt, while warning that it could downgrade the...
Fitch Downgrades Longterm Credit Rating of 5 Greek Banks
The Fitch Ratings firm proceeded with the downgrading of the longterm credit rating of five Greek banks, on Monday. They are the National Bank...
Fitch Downgrades Greece To "B+", Rating Watch Negative
Fitch Ratings has downgraded Greece΄s long-term foreign and local currency Issuer Default Ratings (IDR) to "B+" from "BB+" and the Short-term IDR remains at...
Fitch Expects Greek Real-Estate Prices To Decline By 15%
Fitch Ratings said that Greek real-estate prices are expected to decline 15% over the next two years as interest-rate increases make it harder for...
Fitch Downgrades Greece Rating to Junk Status
Fitch Ratings on Friday downgraded Greece's credit rating to BB-plus from BBB-minus. The cut puts Greece's credit rating in junk territory. The agency said...