Fitch

Fitch Ratings has upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. Characterized by Greek finance experts as the strictest and most robust rating agency, Fitch rewards the Greek economy's effort by giving the country a vote...

Greek systemic banks earned credit upgrades from credit agencies Fitch and Moody's on Tuesday following a recent round of upgrades of Greece's credit rating. Fitch Ratings upgraded Eurobank SA's Long-Term Issuer Default Ratings (IDRs) to 'BB' from 'BB-', and Viability...

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...

Credit ratings agency Fitch raised on Monday the credit rating of three major Greek banks: Eurobank, National Bank of Greece and Alpha Bank. Last Friday, the credit rating of Greece's economy was raised to one notch below investment grade. The...

Greece will repay its bailout-era debts to the International Monetary Fund (IMF) in April, some two years early, Finance Minister Christos Staikouras announced on Saturday. Speaking on Skai TV, Staikouras said that the final payment will be made "in the...

Credit ratings company Fitch bumped Greece's credit outlook from stable to positive on Friday. The country's rating remains at BB, which is two ranks below investment grade. Fitch estimated in its new report that Greece's economy grew 8.3% in 2021,...

Fitch Ratings retained Greece’s credit rating at ‘BB-‘ and its outlook at “stable” on Friday, a few weeks after the latest Greek foray in the money markets with a seven-year bond. Last February Fitch had also kept Greece’s rating at...

Fitch Ratings has upgraded Greece's credit rating from CCC to B- on Friday, an improvement that leaves the country's state bonds well below investment grade. Greece's third bailout program review is due in the autumn and the ratings agency said...

Greek depositors will possibly avoid a haircut when Greece will have to implement the Bank Recovery and Resolution Directive (BRRD), Fitch Ratings said in a report on Wednesday, warning however that this will only happen if the directive is...

Fitch Ratings has downgraded Greece's Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to 'CC' from 'CCC'. The issue ratings on Greece's senior unsecured foreign and local currency bonds have also been downgraded by one...