Tag: Fitch Group

• Saturday, January 28th 2012 - 10:11 UTC

  Fitch downgrades Italy and Spain ratings; Milan police raid agencies offices

  

  The credit ratings of Italy, Spain and three other Euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in the face of the regional debt crisis.

• Friday, February 25th 2011 - 01:52 UTC

  Seven Latam countries on track to have credit ratings upgraded

  

  Seven countries in Latin America are on track to have their ratings upgraded in the short term, as the region's credit cycle remains supported by healthy economic growth and greater policy stability, Fitch Ratings said on Thursday.

• Wednesday, May 5th 2010 - 06:28 UTC

  EU Anticipates Further Regulation for Credit Rating Agencies

  

  A European Commissioner has warned it may be necessary to further regulate the role of credit rating agencies. Michel Barnier, in charge of revamping financial services, told the European Parliament he had been surprised by the rapid deterioration of Greece's rating.