United States federal government credit-rating downgrades

Fitch ratings agency has lowered its outlook on Greece's credit rating, from positive to stable, amid the financial impact the coronavirus measures are taking on the country's economy.

In its report issued late Thursday night, the ratings agency did not downgrade Greece's credit rating, leaving it at the BB level it had upgraded it to in January.

Moody's decision to downgrade Turkey's credit rating is incompatible with the country's fundamental economic indicators, the Ministry of Treasury and Finance said early on June 15.

The international rating agency + Standard & Poor's (S & P) confirmed Bulgaria's long-term and short-term credit rating in foreign and local currency 'BBB- / A-3'.

Moody's late on June 7 downgraded and placed on review for further downgrade the ratings of 17 banks in Turkey, while also placing on review for downgrade the ratings of two finance companies. 

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.

Israel's improved economic growth and efforts to rein in spending prompted Standard & Poor's to raise the outlook on the country's debt profile, the credit rating firm has announced.

The number of countries with a top-notch sovereign credit rating fell to the lowest level in 13 years last year, the international rating agency Fitch said on Feb. 9.

"The number of Fitch-rated sovereigns with 'AAA' ratings is at its lowest level since 2003 and is expected to remain unchanged over the next two years," Fitch said in a statement.     

Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Jan. 13.

Deputy Prime Minister Mehmet Şimşek has said the July 15 coup attempt was not the main cause behind the Moody's rating downgrade but rather that ongoing structural problems were to blame, adding that Turkey would overcome these issues and make efforts to address structural problems rather than succumb to emotions after the downgrade.

According to the Ministry of Finance, Standard&Poor's have revised their outlook on Serbia to stable from negative.

The agency affirmed the country's "BB-/B" ratings, the website of the Serbian government has reported.