Moody's Investors Service

Standard & Poor's slashed China's credit rating on Sept. 21, warning that a prolonged period of debt growth had raised "economic and financial risks."

S&P, which downgraded China's debt from AA-minus to A-plus, is the second major credit ratings agency to slash the Asian giant's rating after Moody's made the same decision in May.

Moody's, which announced the decision on Friday, highlighted "the government's favourable debt trend, driven by fiscal consolidation and robust economic growth", which the agency expects to be sustained.

Turkey's economy has continued its recovery in the first half of 2017 after growth bounced back in the last quarter of 2016 and was similarly robust in the first quarter, Moody's Investors Service has announced.        
"As a result, we have raised our 2017 growth forecast to 3.7 percent from 2.6 percent. We expect growth in 2018 to average 3.2 percent," Moody's said on Aug. 30.    

Fitch Ratings upgraded Greece's long-term foreign-currency issuer default ratings to B- from CCC, citing reduced political risk and sustained GDP growth. Fitch said on Friday it expected the general government debt to steadily improve, cushioned by benefits from the European Stability Mechanism (ESM) program.

Moody's rating agency announced late on Friday that it has upgraded the government bond ratings of Cyprus to 'BA3', while maintaining a positive outlook on the island's rating as improvements in economic resilience, continuing fiscal outperformance are likely to be sustained, it noted.

Growing profits, high capital buffers and stable funding are pillars that will continue to support the prospects for banks in Bulgaria, according to Moody's Investors Service's analysis of the banking sector and financial stability in the country. Reports Investor.

I know lots of people who plan on moving from Istanbul to İzmir.

Istanbul's traffic, the high cost of living and the "urban transformation" that turns into a greater nightmare each day plays an important role in this decision.

On the other hand, the fact that İzmir is the "rising star" of Turkey is another important factor.

LONDON - Croatia's (Ba2 stable) larger, more competitive economy and its stronger institutions stemming from EU accession underpin its higher creditworthiness compared to Serbia (Ba3 stable), says a report by the credit rating company Moody's.

Photo: financeswire.com

Croatia's larger, more competitive economy and stronger institutions stemming from EU accession underpin its higher creditworthiness compared to Serbia.

This is according to a peer comparison report published by the credit rating company Moody's, which cited Croatia's rating as "Ba2 stable," and Serbia's as "Ba3 stable."

Мoody's Investors Service said on Tuesday it has assigned first time B1 long-term local and foreign currency deposit ratings to Bulgaria's First Investment Bank (Fibank), аccording to their website.