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Moody’s raises Ireland’s rating with positive outlook

  Bloomberg Ireland’s credit rating was raised by Moody’s Investors Service, as the economy continues to outpace the euro region and its debt level drops. Moody’s raised the rating to A3 from Baa1 with a positive outlook, the company said on Saturday in a statement “Ireland’s key credit fundamentals have continued to improve at a faster pace than expected even ...

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Poland avoids second-ever rating downgrade as Moody’s cut outlook

  Margate / AFP Poland avoided a second credit-rating reduction in its history as Moody’s Investors Service left its investment grade unchanged while cutting its outlook on the sovereign amid growing investor concern over government policies. Moody’s changed the outlook to negative after keeping it stable for a decade, meaning there’s now at least a one-in-three chance of a cut ...

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Greek bonds show sign of hope before decision on bailout payment

  Bloomberg As Greece attempts to clear another hurdle on the road to passing the next bailout review, the bond market is already delivering a positive verdict. The country’s 10-year sovereign bonds had their best week since August, pushing the yield on the securities to the lowest this year. More austerity is in the cards as the government drafts legislation ...

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