Fitch: Recession in the Eurozone from 2022 with the natural gas tap closed
Recession in the eurozone has now become the most likely possibility against the backdrop of the intensifying natural gas crisis,…
Fitch
Ukraine: S&P and Fitch declare Kyiv in state of selective bankruptcy
The international rating agencies S&P and Fitch Ratings yesterday downgraded the creditworthiness of the Ukrainian government in terms of bonds…
Fitch downgrades Ukraine’s economy after proposal to postpone bond payments
Ratings agency Fitch Ratings downgraded Ukraine's economy after the country began the formal process of suspending payments on its foreign…
‘Bell’ from Socete Generale for Turkey: The Turkish lira will reach 22 against the dollar
The Turkish lira is expected to be among the emerging market currencies hardest hit by the global economic downturn, a…
Fitch: Draghi’s resignation portends political uncertainty in Italy
The rating agency Fitch in its analysis underlines that "the resignation of Italian Prime Minister Mario Draghi, after the rift…
Fitch: ‘Prohibitive’ to any exit of the Greek banks to the markets by the current crisis
Her Eleftherias Kourtalis Although the road to single-digit NPEs for the entire Greek banking sector remains open despite the current…
Fitch: Turkey’s economic policy raises risks to public finances and forex
Ratings agency Fitch warned in a new report last week that Turkey's recent economic policy is raising risks to public…
Fitch: Further downgrade to junk for the Turkish economy
Ratings agency Fitch Ratings further downgraded Turkey's public debt rating to "junk" level, stressing that the government's policies are contributing…
Fitch: Greece’s rating unchanged at ‘BB’, stable outlook
LAST UPDATE: 00.40 The American rating agency Fitch kept Greece's credit rating unchanged at "BB", while keeping the outlook at…
SocGen, Citi: How well-founded are the hopes for an upgrade of Greece today by Fitch
Her Eleftherias Kourtalis Following the recent moves by S&P and DBRS which brought Greece just one rung ahead of investment…