Fitch Ratings

Fitch Ratings has upgraded National Bank of Greece΄s, Piraeus Bank΄s, Alpha Bank΄s and Eurobank Ergasias΄ Long-Term Issuer Default Ratings to ΄B-΄ from ΄CCC΄, Short-term IDRs to ΄B΄ from ΄C΄ and Viability Ratings to ΄b-΄ from ΄f΄. The agency has also...

Greece is slowly restoring its credit-worthiness. Very slowly. The firm Fitch's raised the country's long-term assessment one notch to 'B-' on May 14, removing it from being at risk of default, citing progress in balancing the country's finances and...

With uncertainty over what will happen to Cyprus' banks despite a pending 10 billion euros ($13 billion) bailout of the country's economy approved by international lenders, the ratings agency Fitch has placed Cyprus's Long-term foreign and local currency Issuer...

Fitch Ratings say in a new report that the performance of Greek mortgages continued to deteriorate in Q212, against a backdrop of extremely weak housing markets and intense crisis in the broader economy. Fitch΄s Greek RMBS Index of three-month plus...

Fitch Ratings said Thursday that although its main view remains that the euro zone will survive the region's sovereign debt crisis intact, the risk of alternative outcomes is rising, with a Greek euro-zone exit the most likely of those...

Fitch Ratings Agency on Thursday downgraded Greece's credit rating to CCC from B-minus, citing the heightened risk that the country might have to leave the euro zone. The failure by Greek politicians to form a government underscores a lack of...

Fitch Ratings said Thursday that although its main view remains that the eurozone will survive the region's sovereign debt crisis intact, the risk of alternative outcomes is rising, with a Greek eurozone exit the most likely of those alternative...

Fitch ratings agency has downgraded a series of Greek government bonds exchanged under a massive debt relief deal, but has left the country's overall rating unchanged. A Fitch statement says Greece's long-term rating remains at "B" with a stable outlook. The...

Fitch Ratings upgraded Greece's long-term sovereign credit rating from 'Restricted Default' to B-, the lowest level before highly speculative territory, after the Hellenic country completed the private sector involvement (PSI) debt swap. The ratings agency notes a successful debt restructuring...

Fitch Ratings has downgraded Greece΄s credit rating to C from CCC Wednesday after confirmation of the second bailout package that includes a debt exchange which will force bondholders to take a loss on their holdings of Greek debt. According to...