credit agency
Economy
Fitch Downgrades US Credit Rating, Warns of Mild Recession
Credit agency Fitch has downgraded the US government's credit rating following what it called a "steady deterioration" in governance over the last twenty years.
Fitch, one of three major independent agencies that assess creditworthiness, cut the rating from the top...
Business
R&I Raises Greek Economy’s Rating to Investment Grade
The Japanese rating agency Rating and Investment Information (R&I) announced on Monday that it has raised the Greek economy rating to investment grade BBB-, with a stable outlook.
The investment grade is considered a harbinger of new upgrades by rating...
Business
Moody’s Upgrades the Four Largest Greek Banks
The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all of them is positive.
The upgrade, "driven by their improving asset quality and solvency and good...