Standard & Poor΄s

Standard & Poor΄s Ratings Services has cut Cyprus΄s rating two notches into highly speculative territory, citing escalating financial pressure and uncertainty as bailout negotiations remain unresolved ahead of a presidential election. S&P now rates Cyprus΄s long-term sovereign credit rating at...

ATHENS - Standard & Poor's ratings agency has downgraded Greece's debt outlook to negative, blaming the worsening economy and warned that political challenges could soon force another lessening of the country's deteriorating credit standing. With Greece's sovereign credit rating already...

Standard & Poor's raised Greece's credit rating out of default territory on Wednesday, as expected after Athens slashed its debt by about a third by completing the biggest sovereign debt restructuring in financial history. But the firm kept Greece firmly...

Standard & Poor΄s raised Greece΄s credit rating to low-speculative grade on Wednesday, lifting it out of default territory as expected, after Athens completed the biggest sovereign debt restructuring in financial history. "While the exchange has, in our view, alleviated near-term...

Greece is expected to remain in the Eurozone, said the head of sovereign ratings of Standard & Poor΄s on Wednesday. "Our base case scenario is that there will be the same membership of the Eurozone in 12 months time," David...