Announcements
Drinks
25/10/2024 Rating announcement EN
Scope upgrades the Republic of Cyprus’ long-term credit ratings to A-; Outlook Stable
Strong fiscal outlook, robust economic growth, and reduction in financial system risks drive the upgrade. The small, open economy, and large external imbalances anchor the ratings.
25/10/2024 Rating announcement EN
Scope affirms the Land of Baden-Württemberg’s AAA rating with Stable Outlook
Robust budgetary performance, conservative budgetary, debt and liquidity management and a large, wealthy and resilient economy support the rating. Credit challenges are the low expenditure flexibility related to cost pressures and a high pension burden.
18/10/2024 Rating announcement EN
Scope affirms the European Union's and Euratom's AAA rating with Stable Outlook
Highly rated member states commitment, strong mandate, high liquidity buffers, excellent market access and preferred creditor status support the rating; rising debt and guarantees pose challenges.
18/10/2024 Rating announcement EN
Scope downgrades France’s long-term ratings to AA- and revises the Outlooks to Stable
Sustained deterioration of public finances and challenging political outlook drive the downgrade. Leading role in Europe, economic resilience, favourable debt profile, excellent market access, and robust banking sector anchor the ratings.
18/10/2024 Rating announcement EN
Scope upgrades Croatia’s credit ratings to A- and revises the Outlook to Stable
Steady improvements in fiscal fundamentals and strong medium-term growth prospects drive the upgrade. Moderate economic diversification and adverse demographic trends remain key credit constraints.