About: Standard & Poor's

Euro & Finance 11-01-2016

Greece set for major credit rating upgrade

In the event of a “positive” first review of Greece’s third bailout programme, its struggling economy will be upgraded by rating agencies, a capital market specialist has told EURACTIV.
Euro & Finance 04-08-2015

Standard & Poor’s lowers outlook on the EU to negative

Standard & Poor's has changed the outlook for the European Union from stable to negative after the bloc's support for Greece and following Britain's decision to vote on leaving the EU, S&P reported Monday (3 August).
Euro & Finance 08-11-2013

France downgraded, Hollande defends his policies

Standard & Poor's cut France's sovereign credit rating on Friday (8 November) by one notch to AA from AA+, giving a thumbs-down to President François Hollande's efforts to put the eurozone's second largest economy back on track.
Euro & Finance 19-12-2012

Rating agency gives Greece something to celebrate

Rating agency Standard & Poor's has raised Greece's sovereign credit rating to B-minus with a stable outlook from selective default, citing Europe's efforts to keep the country part of the euro.
Euro & Finance 17-01-2012

Rescue fund’s credit rating drop adds to euro woes

Standard & Poor's cut its credit rating of the eurozone's rescue fund, the European Financial Stability Facility (EFSF), on Monday (16 January), claiming its decision was inevitable following cuts three days earlier to the creditworthiness of France and Austria, two of the EFSF's guarantors.
Euro & Finance 07-12-2011

Pittella: Sovereign rating up to ECB or Court of Auditors

Just after Standard & Poor’s warned it would downgrade 15 of the 17 eurozone countries if EU leaders didn't strike a deal to save the euro at a summit on Friday, vice president of the European Parliament Gianni Pittella (S&D) called to strip rating agencies of their sovereign rating power, announcing changes to the Commission proposal on rating, which has just landed in the Parliament.
Euro & Finance 18-05-2010

Barnier to pin credit rating agencies under EU thumb

EU Internal Market Commissioner Michel Barnier has told EU finance ministers today (18 May) how he plans to put credit rating agencies under the thumb of an EU agency, blaming the uncertainty in financial markets on the downgraded ratings of Greek and Portuguese debt.
Euro & Finance 07-05-2010

Moody’s sees banking contagion in eurozone debt crisis

Moody's rating agency yesterday (6 May) warned of a severe risk of contagion as it expects the euro zone's debt crisis to destabilise the banking sector in several EU countries.
Euro & Finance 05-05-2010

EU says will probe rating agencies

The European Commission has told credit rating agencies to watch their step when judging a country's financial health, saying they would probe their work and could even set up a central agency to take over this job.