By Tasos Dasopoulos In addition to extending the eligibility of Greek bonds, two very interesting points in yesterday’s announcement by the ECB’s Board of Directors make Greek debt managers feel more optimistic about the future. The first point is the announcement of the announcement that: “The Governing Council of the ECB reserves the right to […]
Tag: rating agencies
Citi: Cuts growth forecasts internationally, launches inflation forecasts – ‘Brake’ in Greece ratings
Of Eleftheria Kourtali Two years after the pandemic began, another seismic exogenous shock derailed the global economy, Citigroup said in a report on its global outlook today. As a result of the Russia-Ukraine conflict, Citi economists are revising upwards the short-term inflation forecasts in almost every economy they cover, and at a significant rate. Similarly, […]
Fitch: Upgraded Greece’s outlook, rating on ‘BB’ stable
LAST UPDATE: 01.10 The American rating agency Fitch kept the credit rating of Greece unchanged at the “BB” level, while upgrading the outlook to “positive” from “stable”, according to the report that was published late on Friday night. Fitch, opening the cycle of our country’s ratings for 2022, points out that the strong dynamics of […]
Examinations of economics by international companies begin
By Tasos Dasopoulos The Fitch house, which has rated the economy in the BB grade since January 2020 with stable prospects, makes a step in the Greek debt ratings on Friday, January 14th. The forecast wants the house to change the assessment of the outlook of the economy from stable to positive. But it will […]
The strategic moves in debt to accelerate the investment grade
By Tasos Dasopoulos With some delay, due to the absence of the new German government, the Ministry of Finance begins to unfold in the coming months the plan to exit the enhanced supervisory regime and achieve a minimum investment grade. The plan has a point of reference, the most difficult of the budget figures, the […]
Ratings: Omicron could hit global growth if it launches new wave of infections
The Omicron variant of the coronavirus that causes Covid-19 could hurt global growth prospects but also push up prices, according to rating agencies Fitch Ratings and Moody’s. “The Omicron variant poses risks to global growth and inflation, especially because it came at a time of already tense supply chain, high inflation and labor market shortages,” […]
Piraeus Bank: The markets for Greek bonds show an investment level
According to an analysis conducted by Piraeus Bank, the markets show (and invoice) the markets in the credit rating of Greek bonds. According to the bank, the assessment of the creditworthiness of bond issues by international rating agencies (mainly Moody’s, S&P and Fitch) and especially their placement in the investment grade or not, is one […]
Credit rating agencies predict strong growth rates of the Greek economy
The international credit rating agencies “see” strong prospects for the development of the Greek economy, on which, after all, the upgrades of the Greek debt in the last two years were based to a significant degree. The three major rating agencies – S & P, Fitch and Moody’s – note that the continuation of the […]
Moody’s: In Greece the biggest debt reduction in 2022 and the biggest boost to growth in 2021-2027
Her Eleftherias Kourtali The credit prospects of the eurozone countries in 2022 are analyzed by the rating agency Moody’s in a new report (and a few hours before its scheduled “verdict” for Greece tomorrow), examining the challenges surrounding debt and boosting growth on its way return to “normalcy”. He points out that the high debt […]