Tag: Fitch

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Fitch ‘warning bell’ over recent loosening of Greek fiscal ‘strings’

Panos - May 21, 2019

The abruptly announced loosening of fiscal discipline by the Greek government last week - modest tax breaks, a lowering of certain VAT rates and the reinstitution of…

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Fitch Ratings on Greek banking sector

Panos - Oct 09, 2018

International press reports continued to scrutinize the banking index's slide at the Athens Stock Exchange over the past few sessions, especially in the wake of "Black Wednesday"…

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Greek budget data shows commitment to fiscal consolidation, Fitch Ratings said

Panos - Apr 27, 2018

Greece’s second-consecutive budget surplus demonstrates the authorities’ continuing commitment to fiscal consolidation, Fitch Ratings said on Thursday. This supports Fitch’s expectation of improving debt sustainability in Greece,…

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Fitch upgrades Greek banks’ viability ratings

Panos - Jun 20, 2017

Fitch credit ratings agency has upgraded the Greek banks in light of the recent deal at the EuroGroup and the completion of the second review. Fitch has…

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Fitch: Program review underpins Greek sovereign assessment

makis - Feb 13, 2017

Recurrent tensions between Greece and its official sector creditors are already reflected in Greece’s sovereign rating, which has been at or below CCC for nearly two years,…

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Fitch Affirms Greece at ‘CCC’

ilias1 - Mar 13, 2016

Fitch Ratings has affirmed Greece's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'CCC'. The issue ratings on Greece's long-term senior unsecured foreign and local…