Fitch

Fitch: Poland Best Placed For Economic Recovery

In a statement regarding a report on the need of structural reforms in the CESEE region, rating agency Fitch awarded Poland the best position for an economic recovery among five countries.

April 9, 2013

Fitch Downgrades Slovenian Banks to Junk Status

Rating agency Fitch has downgraded the creditworthiness of five Slovenian Banks.

April 8, 2013

Poland: Rostowki’s Fight for the Euro

Even though Poland’s rating outlook has been revised from “A-“ to “A” by Fitch it still has to face political reforms in order to improve its economic competitiveness.

February 24, 2013

S&P Downgrades Slovenia

Today, the U.S. rating agency has lowered the credit rating of the financially stricken country. Further downgrades are not unlikely.

February 13, 2013

„Croatia Has No Answer to the Crisis“

Economists fear that the economic crisis in Croatia will continue this year. The government does not implement enough reforms, observers say.

February 4, 2013

Fitch: Austria´s Public Debt to Double

Due to the demographic trends, Austria faces a pension shock, Fitch says.

January 23, 2013

Croatia: Austerity Policy Faces Difficulties

Croatia´s Minister of Finance Slavko Linic thinks that the austerity policy cannot be continued.

January 22, 2013

Poland´s Rating Not Endangered

According to the U.S. rating agency Fitch, Poland´s “A-“ rating is “robust”.

January 21, 2013

Fitch: Austrian Banking Industry Depends on CESEE

According to the U.S. rating agency, the situation of Austrian banks strongly depends on the development in central, east and southeast Europe.

January 14, 2013

Fitch Cuts Croatia´s Credit Rating Outlook

The U.S. rating agency argues that the economic development in Croatia is substantially behind the expectations.

November 30, 2012

Fekter Underlines Austerity Policy

Fitch rating agency assigns its best triple A rating to Austria, praising in particular the stability and reform package approved in March.

November 10, 2012

Fitch Confirms AAA for Austria

The outlook is „stable“. The rating agency is worried about the banking sector, however.

November 9, 2012 · Updated: November 9, 2012; 17:13

Fitch Downgrades Slovenian Banks

The U.S. rating agency downgrades the lown-term ratings of major Slovenian banks. The outlook is negative for all of them.

August 10, 2012

Grexit would Cost Austria € 11.0bn

The Brussels-based think tank CEPS states that Austria would have to bear costs of € 10.9bn in case of a Greek exit out of the Eurozone.

July 13, 2012

Austrian AAA „Not in Danger“

The Austrian economist and chairman of the public debt council Bernhard Felderer thinks that Austria will keep its Triple-A rating. Felderer´s statement is not undisputed.

July 12, 2012

Nowotny on Greece: „We Do Not Have Unlimited Time“

Ewald Nowotny, the governor of OeNB (Austrian Central Bank) is concerned about the Greek austerity program.

July 9, 2012

CESEE Banks: Small Exposure in Southern Europe

The riskiness of assets held by CESEE banks is manageable, the U.S. rating agency Fitch says. The CESEE region has closer links to Western Europe than to Southern Europe.

June 20, 2012

Fitch: Positive Statements for Austrian Banks

For the U.S. rating agency, the lending activities of Austrian banks in Eastern Europe is only a minor risk factor.

June 19, 2012

Fitch: Austria´s AAA Not Endangered

According to the U.S. rating agency, Austria´s creditworthiness remains at a high level. Nevertheless, reforms would be needed.

June 19, 2012

Fitch: „AAA Endangered in Case of Greek Exit“

The U.S. rating agency warns the remaining AAA-Eurozone members of the consequences of a Greek exit.

June 13, 2012

Austrian Economy: OeNB Demonstrates Optimism

The Austrian Central Bank is satisfied with the performance of the domestic economy underlines the necessity of austerity measures.

May 24, 2012

Triple-A Will Not Return Soon

The U.S. rating agency S&P dashes hopes that Austria may get back its “AAA” soon. Austrian banks may still face risks as the crisis is over yet, S&P says.

April 20, 2012

Felderer: „Women Must Have More Children”

The director of the Austrian Institute of Advanced Studies (IHS) sees a demographic problem in Austria as well as in Europe. Migration cannot solve the problem, Felderer says.

April 19, 2012

Mitterlehner: „AAA is still Far Away“

Austria´s Minister of Economics does not believe that S&P gives back the “AAA” rating soon. However, the debate about Austria´s rating is overvalued, he thinks.

April 17, 2012

Austrian Industry Underlines Austerity Policy

After the rating agency Fitch retained Austria´s triple A, the Austrian industry sees a confirmation of the need for austerity. Finance Minister Fekter emphasized to push for further reforms.

April 17, 2012

Fitch Confirms “AAA” For Austria

The U.S. rating agency Fitch Ratings has affirmed Austria's Long-term foreign and local currency Issuer Default Ratings at 'AAA'. The rating Outlooks on both Long-term ratings are Stable.

April 17, 2012

Rating Agencies Examine Austria Again

The three big rating agencies S&P, Moody´s and Fitch are checking Austria´s financial situation again. An official statement does not exist yet.

April 13, 2012

Vienna Initiative an Insurance Policy, not a Game Changer, Fitch Says

The principles adopted Tuesday in “Vienna Initiative 2.0” do not change Fitch’s base case expectation that central, eastern and south-eastern Europe (CESEE) will continue to see weak, or marginally negative, credit growth in the near-to-medium term.

March 15, 2012

Fitch Confirms Rating for VBAG

The U.S. rating agency retains the A rating for the fourth largest Austrian bank.

March 7, 2012

Fitch: Austria´s AAA-Rating Not Endangered

According to the U.S. rating agency, the financial stability in Austria is still excellent. The bond auction today went well.

January 10, 2012

Austrian Banks Have $ 41.0bn Exposure in Hungary

After another downgrade, a national bankruptcy of Hungary is not excluded anymore. Consequences for Austrian banks would not be foreseeable.

January 7, 2012

Fitch Confirms Austria’s Triple-A Rating

The U.S. rating agency confirmed the Republic of Austria’s AAA credit rating. The outlook remains “stable”.

July 25, 2011

Fitch Upgrades Individual Ratings of Austrian Banks

The “A” rating of the big Austrian banks has been confirmed. The individual rating of Erste, RBI and Bank Austria was upgraded.

May 25, 2011
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