Standard & Poor's

Standard & Poor's Ratings said on Monday that it would not move the ratings on Greece to 'SD' (selective default) should the government miss making payments on bonds maturing in July and August totaling 6.7 billion euros held by...

Standard & Poor’s has lowered its rating of Greece’s four largest banks. The Friday move came two days afterthe rating agency’s cutting its already deep-junk rating for Greek bonds. Alpha Bank, Eurobank, the National Bank of Greece and Piraeus Bank...

Bond investors in Europe "are more confident than not" that an agreement will be reached between Greece and its creditors to avoid a default, S&P Dow Jones Indices said in a report on the bond market. The report, published by Financial...

Standard & Poor's Ratings Services lowered its long- and short-term sovereign credit ratings on Greece to 'CCC+/C' from 'B-/B'. At the same time, Standard & Poor's removed these ratings from CreditWatch, where it had placed them with negative implications...

A potential Grexit probably wouldn’t be a major deal for foreign banks, ratings agency Standard & Poor’s said on Tuesday, adding that it doesn't plan to downgrade their ratings. "Given the relatively limited scale of banks’ exposures to Greece, we do not...

The Standard & Poor's rating agency has put Greece on credit watch, citing the possibility that the policies of the country's new government might trigger a future credit rating downgrade. "The CreditWatch placement reflects our view that some of the economic and budgetary...

Standard & Poor's ratings agency upgraded Greece's debt rating, thanks to the country's progress in its fiscal reform efforts and its potential return to economic development. S&P placed Greece at B from B-minus, while they announced on Friday that the outlook for the rating...

Greece's successful, if cautious, return to the bond markets this month was the result of a secret, carefully-crafted meeting Prime Minister Antonis Samaras had in New York with investors, brokered by noted Greek-American financier Jamie Dimon, Chief Executive of...

Just a couple of days after Finance Minister Yannis Stournaras said the government wasn't ready to issue its first long-term bond in four years, Greece is ready to do so on April 10, a day before German Chancellor Angela...

Standard & Poor’s on Friday raised the credit rating of Greece 's Public Power Corporation to B from CCC, PPC said in a statement. The country’s electricity utility stressed that this significant upgrading was the justification of efforts made by...