Spain’s sickly economy faces a “crisis of huge proportions”, a minister said on Friday, as unemployment hit its highest level...
euro zone News
The euro zone’s public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday,...
Greece averted the immediate risk of an uncontrolled default, winning strong acceptance from its private creditors for a bond swap...
Euro zone finance ministers on Monday rejected as insufficient an offer made by private bondholders to help restructure Greece’s debts,...
Standard & Poor’s Ratings Services has followed up on the rating actions it announced in December concerning a number of...
Although the recent summit of the 27 countries of the European Union did manage to come up with a plan...
A.M. Best has taken the somewhat unusual step of issuing a comment on its downgrading of the issuer credit ratings...
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and downgraded the issuer credit ratings (ICR) to...
A.M. Best Co. has placed under review with negative implications and has also affirmed the financial strength rating (FSR) of...
A.M. Best Co. has downgraded the financial strength rating to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit ratings to...