12/9/2025 Rating announcement EN
Scope affirms European Bank for Reconstruction and Development’s AAA rating with Stable Outlook
Strong capitalisation, high liquidity buffers and excellent capital markets access, a very strong mandate and highly rated shareholders support the rating; relatively weak asset quality is the key challenge.
12/9/2025 Rating announcement EN
Scope affirms the Netherlands’ credit ratings at AAA with Stable Outlook
The ratings are supported by a wealthy and diversified economy, moderate public debt and a strong external position. High private sector indebtedness, exposure to global shocks and labour market duality are credit challenges.
12/9/2025 Rating announcement EN
Scope affirms Austria’s credit ratings at AA+ and changes the Outlook to Negative
High fiscal deficits, rising general government debt, and a modest growth outlook drive the outlook change. A wealthy and diversified economy, sound external position, stable banking sector, and strong debt affordability are credit strengths.
12/9/2025 Rating announcement EN
Scope affirms Germany’s AAA rating with Stable Outlook
The ratings are supported by a wealthy, large, diversified economy, sound public finances and a strong external position. Global geopolitical and trade risks, transition risks related to carbon neutrality targets and an ageing population are challenges.
5/9/2025 Rating announcement EN
Scope upgrades Lithuania’s long-term ratings to A+, revises Outlook to Stable
Sustained economic growth, improved external resilience and a sound fiscal outlook drive the upgrade. Exposure to external shocks, high geopolitical tensions and longer-run demographic pressures remain key credit constraints.
