Moody's
Economy
Moody's Sees 'High Likelihood' of Capital Controls in Greece
The outlook for the Greek banking system is negative, primarily reflecting the acute deterioration in Greek banks' funding and liquidity, says Moody's Investors Service in a new report published recently. These pressures are unlikely to ease over the next...
Economy
Moody's Downgrades Greece's Government Bond; Outlook Negative
Moody's Investors Service has today downgraded Greece's government bond rating to Caa2 from Caa1. The short-term rating is unaffected by this rating action and remains at Not Prime(NP). The outlook on the rating is negative. Moody's government bond rating...
Economy
Moody's: Grexit Could have Serious Consequences for Eurozone
Downside risks to the euro area credit outlook still remain, Moody's ratings agency said on Tuesday. The ratings agency noted in a report that while the current confrontation between the new Greek government and its euro area creditors...
Economy
Moody's Downgrades Five Greek Banks
Moody’s downgraded five Greek banks on Monday, citing heightened uncertainty regarding the new government's ability to reach an agreement with its creditors before the end of the current support program that expires at the end of February.
The ratings agency said...
Economy
Moody's: Political Uncertainty Negative for Greek Banks
Moody's ratings agency estimates that the January 25 snap elections in Greece, which create political uncertainty, will have a negative effect on Greek banks. "The political uncertainty regarding the Greek government and the consequent resurgence of rumors about a possible...
Economy
Moody's: Greece in Debt Doldrums
Greece is only one of several countries whose shaky finances leave them on the brink of being unable to repay their obligations. Moody's currently rates 10 other countries' debt as equally or even more risky than that of Argentina....
Economy
Moody's Upgrades Greece's Credit Rating
AP - Moody's ratings agency late Friday upgraded Greece 's government bond rating, predicting a gradual decline of its massive national debt.
The agency is also citing a continued commitment by the bailed out country's conservative-led government to improve public...
Economy
Moody's Upgrades Greek Banks
Credit-rating agency Moody's upgraded Greek banks on Tuesday from negative to stable and stated that the country's economy will start recovering and return to growth this year after six years of recession.
"The outlook for the Greek banking system has been changed to...
Economy
Greece Readies First Bond Since 2010
Just a couple of days after Finance Minister Yannis Stournaras said the government wasn't ready to issue its first long-term bond in four years, Greece is ready to do so on April 10, a day before German Chancellor Angela...
Economy
Moody's Delays Rating Greece Credit Amid Political Turmoil
Rating agency Moody’s has postponed until August its assessment of Greece's creditworthiness, as scheduled for Friday, citing serious risks of political instability.
The agency noted the weakness of the coalition government may lead to early parliamentary elections within the next six months. Such...