Announcements

    Drinks

      Scope affirms France’s AA long-term credit ratings; revises Outlook to Negative from Stable

      26/5/2023 Rating announcement EN

      Scope affirms France’s AA long-term credit ratings; revises Outlook to Negative from Stable

      Weakening public finances and implementation risks to the reform agenda drive the Outlook change. A large, diversified, and resilient economy; core euro area member status; a favourable debt profile; and excellent capital market access are strengths.

      Scope affirms Croatia's credit ratings at BBB+ with Stable Outlook

      26/5/2023 Rating announcement EN

      Scope affirms Croatia's credit ratings at BBB+ with Stable Outlook

      Euro area membership since 2023, favourable public debt trajectory and sound structural reform momentum support the ratings. High public debt levels, modest growth potential and limited economic diversification remain rating challenges.

      Scope downgrades Czech Republic's credit ratings to AA-; Outlook revised to Stable

      26/5/2023 Rating announcement EN

      Scope downgrades Czech Republic's credit ratings to AA-; Outlook revised to Stable

      Weakened medium-term growth prospects and deteriorated fiscal metrics drive the downgrade. A robust fiscal policy framework and favourable debt profile are key credit strenghts.

      Scope has completed a monitoring review for the Netherlands

      19/5/2023 Monitoring note EN

      Scope has completed a monitoring review for the Netherlands

      This periodic review has resulted in no rating action.

      Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook

      19/5/2023 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.

      Scope has completed a monitoring review of the United Kingdom

      19/5/2023 Monitoring note EN

      Scope has completed a monitoring review of the United Kingdom

      Monitoring review announcement

      Scope has completed a monitoring review for the Republic of Serbia

      12/5/2023 Monitoring note EN

      Scope has completed a monitoring review for the Republic of Serbia

      Monitoring review announcement.

      Scope downgrades the People's Republic of China's credit ratings to A; Outlook revised to Stable

      12/5/2023 Rating announcement EN

      Scope downgrades the People's Republic of China's credit ratings to A; Outlook revised to Stable

      High and rising public debt and large financial imbalances in the context of slowing economic growth, drive the downgrade. A large and diversified economy, high external resilience and effective government control are key credit strengths.

      Scope affirms Estonia's credit ratings at AA- and revises the Outlook to Negative

      12/5/2023 Rating announcement EN

      Scope affirms Estonia's credit ratings at AA- and revises the Outlook to Negative

      The country's prolonged exposure to the cost-of-living crisis amid higher geopolitical risks and a weakening fiscal position drive the Outlook revision. Solid economic growth prospects and low public debt support the ratings.

      Scope affirms Ukraine's foreign-currency issuer ratings at CC and maintains Negative Outlook

      12/5/2023 Rating announcement EN

      Scope affirms Ukraine's foreign-currency issuer ratings at CC and maintains Negative Outlook

      Ukraine’s CC foreign-currency issuer ratings reflect expectation of debt treatment by 2024, for meeting the external financing gap. The revision of the Outlook on domestic debt to Stable reflects reduced likelihood of restructuring of domestic debt.