Fitch

A debt swap deal will push Greece into temporary default irrespective of the size of investor losses, a senior analyst at Fitch Ratings said on Wednesday, according to Reuters, adding that the terms of the agreement will influence the...

Rating agency Fitch said on Tuesday that Greece would default on its debt, although it said that such a default was likely to take place in an orderly manner. "It is going to happen. Greece is insolvent so it will...

Ratings says that the announcement by the Prime Minister of Greece of a public referendum to approve the economic and financial conditions associated with the new EU-IMF programme, including the debt restructuring under the 'private sector involvement' (PSI),...

Greece's credit grade will remain low, probably still in "junk" status, even after its debt load is cut as part of a European plan to fight the financial crisis, Fitch ratings agency said Friday. Fitch said Friday that the deal...

Fitch Ratings sees no quick fix to the euro zone crisis ahead of a crucial meeting of European leaders in Brussels on Wednesday and amid worrying signs that a European recession will set in this winter. "There is no quick...