Fitch Ratings

  • News

    Ratings Agencies Mildly Concerned New Greek Leader Will Do The Things He Says He’ll Do

    Some suggest that Greece’s new communist prime minister, Alexis Tsipras, is all talk, what with his desire to remain within the Eurozone and consequent complete lack of any leverage of any kind. But if he did actually do the things he’s pledged to do, namely tell Angela Merkel to give him a better bailout deal […]

    / Jan 29, 2015 at 3:20 PM
  • News

    Greek Debt: Still Junk, But Less So

    In recognition of all of Greece’s achievements in recent months—and possibly to avoid being made to look the fool by hedge funds and S&P—Fitch has awarded the country a not-so-coveted B-minus sovereign debt rating. Five more upgrades and Greece will be a borderline investment-grade opportunity!

    / May 15, 2013 at 3:23 PM
  • News

    Fitch Could Not Think Less Of Greece Right Now

    Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory on Thursday, warning of a “probable” Greek exit from the euro currency union if new national elections next month produce an anti-bailout government. Fitch said it had cut Greece’s rating by one notch, from B- to CCC, the lowest possible grade for a country that […]

    / May 17, 2012 at 2:30 PM
  • News

    Fitch Aims To Destroy Economy Of Northwest Europe

    The Viking ship Fitch Ratings continued it’s marauding in the British Isles today, sending shivers throughout the United Kingdom. Well, maybe not throughout. But certainly in London, the ratings agency’s word that the U.K. is the triple-A rated country most at risk of a downgrade was heard loud and clear, as the pound tumbled and […]

    / Nov 10, 2009 at 10:24 AM
  • News

    Foul Icelandic Wind Blows Southeast Into Ireland

    Central Bank and Financial Services Authority of Ireland headquarters, DublinLast year, we learned what happens when a small island in Europe filled with people who talk funny bets the farm on the financial services industry. Are the Irish next? Lovely emerald Eire, the European economic miracle of the last few decades, has run into some […]

    / Nov 4, 2009 at 10:50 AM

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