Moody’s Investors Service raised Greece’s sovereign credit rating by one notch, despite the negative effect of the pandemic on the economy and the new three-week lockdown that started…
Moody’s Investors Service downgraded 13 Turkish banks, just days after downgrading the Turkish economy’s credit rating. The outlooks on the long-term deposit and debt ratings of all the Turkish…
Most European sovereigns, including Greece, can weather a prolonged tourism slump, Moody’s said in a statement on Monday, according to ANA. The drop in tourism in the…
The conditions under which Greece’s credit rating could be upgraded were highlighted in a report released by Moody’s Credit Ratings Agency. In the report, Moody’s points out…
Real estate prices in Greece will continue to increase, on average, but at ονλυ very moderate rates over the next 12 to 18 months, according to Moody's.…
Moody's provided a much-needed fillip to the Tsipras government in Athens, raising Greece's long-term foreign currency debt was upgraded to B1, with a stable outlook from B3.…
A positive assessment by Moody's of a recently announced plan by the Bank of Greece (BoG) to reduce an Olympus-sized "mountain" of "bad debt" plaguing Greek systemic…
Moody’s on Wednesday announced that it has maintained Greece sovereign credit rating at B3, and with a positive outlook. The international ratings agency last upgraded Greece in…
Moody's referrs to a need for greater investments in order to maintain economic growth in Greece over the medium term, while also adding that the country's debt…
Moody's regards last week's debt relief package for Greece, extended by its European institutional creditors, as a credit positive event, with the agency releasing a report on…
Moody's on Wednesday upgraded Greece's issuer rating to B3 from Caa2, while the country's senior unsecured bond and program ratings were also upgraded to B3/(P)B3 from Caa2/(P)Caa2.…
Moody's on Tuesday referred to an improvement in recession-battered Greece's credit profile, while at the same time cautioning over the country's high public debt - in echoing…
In its latest credit outlook, rating agency Moody’s underlined that the reduction of non-performing loans (NPLs) and operation expenses of Greek bank is ‘credit positive’, even though…
In its latest credit outlook, rating agency Moody’s underlined that the reduction of non-performing loans (NPLs) and operation expenses of Greek bank is ‘credit positive’, even though…
Moody’s on Friday referred to a “credit positive” development in terms of Greek banks’ exposure to non-performing loans, after Q1 2016 results showed that decreasing exposure for…
The Eurogroup decision to unlock additional aid to Greece was heralded as a “credit positive” development by ratings agency Moody’s. In its statement the rating agency commented…
