Fitch – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Tue, 27 Jan 2015 14:07:46 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 S&P downgrades Russia's credit rating to junk https://www.eutimes.net/2015/01/sp-downgrades-russias-credit-rating-to-junk/ https://www.eutimes.net/2015/01/sp-downgrades-russias-credit-rating-to-junk/#comments Tue, 27 Jan 2015 14:07:46 +0000 http://www.eutimes.net/?p=35793 Rating agency Standard & Poor’s downgraded Russia’s credit rating to the speculative BB+ grade from BBB-. Analysts say that the decision of the rating agency was politically motivated. The speculative level means that securities that a BB+ state issues can only be good for short-term transactions to earn on their fall. The BB+ level of […]

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S&P downgrades Russia's credit rating to step above junk status https://www.eutimes.net/2014/04/sp-downgrades-russias-credit-rating-to-step-above-junk-status/ https://www.eutimes.net/2014/04/sp-downgrades-russias-credit-rating-to-step-above-junk-status/#respond Sat, 26 Apr 2014 09:08:52 +0000 http://www.eutimes.net/?p=32121 For the first time in five years Standard & Poor’s has cut Russia’s credit rating to ‘BBB-‘, just above junk status. It warns the tension in Ukraine and ‘significant’ capital outflow could mean another downgrade. Moscow says it is “politically motivated.” “In our view, the tense geopolitical situation between Russia and Ukraine could see additional […]

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Russia, China and US challenge rating agencies https://www.eutimes.net/2012/10/russia-china-and-us-challenge-rating-agencies/ https://www.eutimes.net/2012/10/russia-china-and-us-challenge-rating-agencies/#respond Tue, 30 Oct 2012 22:37:54 +0000 http://www.eutimes.net/?p=24240 A new agency is about to appear in the rating business that will be created by the Russians, Chinese and Americans. The agency Universal Credit Rating Group that claims to be a global player, came into being in Beijing and is the joint brainchild of the Chinese rating agency Dagong Global, the American Egan-Jones, and […]

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Cyprus applies for EU bailout https://www.eutimes.net/2012/06/cyprus-applies-for-eu-bailout/ https://www.eutimes.net/2012/06/cyprus-applies-for-eu-bailout/#respond Tue, 26 Jun 2012 22:44:59 +0000 http://www.eutimes.net/?p=21993 The Cypriot government has issued a statement confirming that it has officially made an EU bailout bid, citing heavy exposure to debt-stricken Greece. This makes it the fifth state within the currency union to ask for help. The request comes just days before a deadline to recapitalize one of the country’s largest banks. “The purpose […]

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American credit rating to be downgraded again https://www.eutimes.net/2011/10/american-credit-rating-to-be-downgraded-again/ https://www.eutimes.net/2011/10/american-credit-rating-to-be-downgraded-again/#comments Tue, 25 Oct 2011 15:50:41 +0000 http://www.eutimes.net/?p=17789 Only three months after Standard & Poor’s downgraded America’s credit rating, the other two top agencies — Moody’s and Fitch — could be considering a downgrade of their own in the very near future. This news comes from a report out of one of the biggest names in the banking industry, Bank of America Merrill […]

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