S&P

Moody's Elevates Croatia's Credit Rating to A3 After Upgrades by S&P and Fitch

1 month ago

In a significant development that underscores Croatia's improving economic stability, Moody's Investors Service has upgraded the country’s credit rating to A3. This adjustment follows recent upgrades by both Standard & Poor’s (S&P) Global Ratings and Fitch Ratings, marking a phase of positive trajectory for Croatia's financial credibility on the global stage.

Turkey Achieves Second S&P Credit Rating Upgrade This Year, Signaling Economic Resilience

2 months ago

In a significant boost to its financial reputation, Turkey has secured its second upgrade from Standard & Poor’s (S&P) within the current calendar year. This upgrade reflects an optimistic outlook on the nation’s economic stabilization efforts and is a pivotal moment for a country that has faced numerous economic challenges over the past few years.

Moody's and S&P Highlight Concerns Over UK Budget and Economic Stability

2 months ago

In a recent assessment, credit rating agencies Moody's and Standard & Poor's (S&P) have raised significant concerns regarding the UK government's budget plan put forth by Chancellor Jeremy Reeves. The analysts highlighted a series of challenges that could hinder the country's economic stability and growth potential, as the government aims to navigate a turbulent economic landscape.

Serbia's Credit Rating Upgrade Sparks Interest Rate Speculation

2 months ago

In a move that has taken analysts by surprise, Serbia's sovereign credit rating received a significant boost this week from S&P Global Ratings, elevating the nation's long-term rating from BB- to BB, while simultaneously upgrading the short-term rating from B to B+. This upgrade is seen as a validation of Serbia's economic management, presenting new dynamics in the context of the country's monetary policy and interest rate decisions.

Serbia Eyes Increased Economic Confidence as S&P Bestows Investment Grade Rating

3 months ago

The economic prospect for Serbia had a significant fillip, with Standard & Poor's raising its sovereign credit rating to investment grade. In fact, this is a key turning point in the financial history of the Balkan nation. This may also raise the credibility of Serbia among international investors and could potentially pave the way for increased foreign investment and stronger economic growth.

Croatia in No Rush for Foreign Bond Sale After Upgrades, PM Says

3 months ago

Croatia's Prime Minister said the country was in no rush to enter the foreign bond market despite recent upgrades to its credit rating. Prime Minister Andrej Plenković signaled that Croatia is being extremely careful when it comes to foreign debt after a set of credit confirmations from key ratings agencies.