
15/5/2025 Rating announcement
Scope downgrades issuer rating of Wellis to CCC, places it under review for a possible downgrade
The downgrade is driven by a slower-than-expected recovery in EBITDA generation, and concerns related to the upcoming refinancing of financial debt in 2026. The under-review status indicates the lack of visibility on short-term debt service.

15/5/2025 Rating announcement
Scope assigns first-time issuer rating of BBB/Stable to Alpha Bank
The rating is anchored by the consistent business model centred around commercial banking in Greece, and benefits from improving asset quality and solid capital metrics.

14/5/2025 Rating announcement
Scope affirms A+/Stable issuer rating of Austrian utility EVN AG
The affirmation reflects the utility's comfortable financial position and significant headroom for a lower rating. However, EVN is likely to use this headroom over the next few years in line with its more ambitious investment plan.

14/5/2025 Research
Italian NPL collections: March bounces back from poor February but 43% below three-year average
Italian NPL collections in March rose 45% month on month, consistent with previous years. But while monthly volumes bounced back from a poor February, they were still 43% below the three-year March average.

14/5/2025 Research
Spain’s growth holds firm amid US trade policy shifts, but fiscal restraint key for debt trajectory
The Spanish economy’s growth continues to outpace the euro area’s due to improving labour markets, strong tourism receipts and ample EU funds. Still, further fiscal consolidation and reforms are needed to improve Spain’s resilience to potential shocks.

12/5/2025 Rating announcement
Scope withdraws ratings on JSC Pasha Bank Georgia
Scope has ceased analytical coverage on JSC Pasha Bank Georgia.

9/5/2025 Rating announcement
Scope affirms the United States of America's long-term ratings at AA with Negative Outlook
Weak public finances, rising policy uncertainty challenging the predictability of US policymaking weigh on the outlook. A wealthy, competitive economy, institutional resilience and the dollar’s reserve currency status anchor the ratings.

9/5/2025 Monitoring note
Scope has completed a monitoring review for Ukraine
The periodic review has resulted in no rating action.

9/5/2025 Rating announcement
Scope upgrades class B and class C notes issued by BBVA Consumo 10, FT - Spanish Consumer ABS
The securitised portfolio consists of consumer loans originated by BBVA to borrowers in Spain.