Standard & Poor's

Greece ’s credit rating was maintained at six steps below investment grade by Standard & Poor’s, which said the country’s debt remains large even as its government’s fiscal performance improves. The country’s long-term local currency debt was kept at B-,...

The Standard & Poor’s rating agency is expected to issue a positive report on Greece's progress by Friday March 21. It is rumored that the report will praise the fiscal consolidation and improvement of competition in the Greek economy....

Turkish Prime Minister Recep Tayyip Erdogan has criticized the decision by the ratings agency Standard & Poor's to upgrade Greece's standing, taking it out of the territory of possible default and up to a B- standing. Erdogan said the...

Greece had its credit rating raised by Standard & Poor’s after a debt buyback as the ratings company cited the “strong determination” of euro-area governments to keep the nation in the currency zone. The grade was lifted from selective default...

Standard & Poor's on Wednesday cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating. Last week Greece and its international lenders reached a deal to lower the country's debt burden, which included...

ATHENS - Joining a growing chorus of critics who say that a Greek exit from the Eurozone would be a disaster for the country, Moody’s Investors Service warned that it could also threaten the existence of the euro, a...

Standard & Poor's rated new Greek bonds on Thursday issued under its bond swap at "CCC", or still vulnerable to default, and indicated it would likely assign the same rating for the country. After the swap is completed "we will...

ATHENS – The deal in which Greece forced investors to take 74 percent losses so that the country could write down $134 billion in debt came with a price: being declared unsafe for creditors. The Fitch ratings agency downgraded...

ATHENS – While Greece has passed more austerity measures to give guarantees for a second bailout of $172 billion to keep the country from defaulting, mistrust among leaders of the international lenders hasn’t abated, with Eurozone chief Jean-Claude Juncker...

The European Central Bank said on Tuesday that it would temporarily refuse to accept Greek bonds as collateral, but said national central banks would provide funds to any banks in need. The ECB said in a statement that Greek bonds...