19/4/2024 Rating announcement EN
Scope downgrades Estonia to A+ and revises the Outlook to Stable
A structural deterioration in the fiscal position and protracted headwinds from the Russia-Ukraine war drive the downgrade. A sound institutional framework, robust growth potential and still low public debt are credit strengths.
19/4/2024 Rating announcement EN
Scope affirms and publishes the Land of Hesse’s AAA rating with Stable Outlook
Robust budgetary performance, conservative budgetary, debt and liquidity management and low contingent liability risk support the rating. Low expenditure flexibility, coupled with cost pressures, is the main credit challenge.
12/4/2024 Rating announcement EN
Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook
Strong capital base, excellent asset quality, very high liquidity buffers, growing strategic importance, and highly rated shareholders support the rating. High leverage is the key credit challenge.
