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Fitch still confident Portugal will hit deficit targets

Portugal to hit deficit targets despite ruling

Portugal is still expected to cut its budget deficit to 4% of economic output this year, even after the country's top court rejected some austerity measures, Fitch said.

Business • 19 Aug 14

Fitch upgrades Ireland's ratings to A- from BBB+

Rating upgrade brings Irish yields below 2%

Irish 10-year bond yields fell to a record low of 1.96% earlier today, before climbing back to 2.02%, after Fitch's upgrade on Friday night.

Business • 18 Aug 14

Fitch is the second agency to move Ireland back to an A rating

Minister says Fitch upgrade is 'encouraging'

Minister of State at the Department of Finance Simon Harris has said an upgrade by credit ratings agency Fitch has direct implications for Ireland's ability to borrow on international markets.

News • 16 Aug 14

The pace of rating upgrades in the euro zone is set to slow, Fitch says

Fitch sees slower pace of rating upgrades in euro

The pace of rating upgrades in the euro zone will be slower in future as fiscal progress remains sluggish, Fitch's global head of sovereign ratings said.

Business • 20 Jun 14

Fitch has forecast that Greek economy will return to growth this year for the first time since 2008

Fitch upgrades Greece a notch to 'B'

Fitch ratings agency has today upgraded Greece's credit rating, forecasting the economy will return to growth this year for the first time since 2008.

Business • 23 May 14

Arrears reached a new high of 18.4% in the first quarter of 2014, Fitch figures show

Fitch study notes increase in mortgage arrears

Irish mortgage loans in arrears by more than three months continue to increase, according to Fitch.

Business • 14 May 14

Ratings agencies give upbeat assessment of the euro zone's creditworthiness

Rating agencies buy into euro zone recovery story

Ratings agencies gave a broadly upbeat assessment of the euro zone's creditworthiness today.

Business • 25 Apr 14

Fitch upgrades outlook on Portugal on good progress in reducing budget deficit

Fitch upgrades Portugal's outlook to 'positive'

Ratings agency Fitch has upgraded its outlook for Portugal to "positive" and maintained the country's credit rating at BB+.

Business • 11 Apr 14

Fitch raises the outlook for the US economy to stable from negative

Fitch affirms US rating at 'AAA' and ups outlook

Fitch Ratings today affirmed its US credit ratings at the top-notch "AAA" level but raised the outlook for the world's top economy to stable from negative.

Business • 21 Mar 14

Fitch cuts its outlook for Russia to negative from stable

Russian outlook downgraded to negative

Fitch has revised its outlook for Russia to negative from stable after the US slapped new sanctions against Russian officials amid the Ukraine crisis.

Business • 21 Mar 14

Fitch affirms its credit rating on Ireland with a stable outlook

Fitch keeps Ireland rating at BBB+

Ratings agency Fitch has affirmed its credit rating on Ireland with a stable outlook.

Business • 21 Feb 14

Fitch said Irish banks will probably increase loan-loss impairment charges this year

Banks may return to profitability next year: Fitch

The Fitch ratings agency has said that the economy will need "substantial fiscal consolidation" if the Government's deficit targets are to be met.

Business • 17 Dec 13

Fitch anticipates a primary budget surplus in 2014, along with GDP growth of 1%

Fitch warns of Irish banks' vulnerabilities

The loan portfolios of Irish banks have likely deteriorated "close to the stress scenario of 2011 prudential capital assessment review", according to ratings agency Fitch.

Business • 03 Oct 13

Egypt's credit ratings downgraded after President removed from office

Fitch downgrades Egypt's credit ratings

Fitch Ratings has downgraded Egypt's credit ratings after the country's military overthrew the civilian government.

Business • 05 Jul 13

Fitch said it did not expect banks to return to operating profitability before 2015

'Significant risks' in banking system - Fitch

“Significant risks” remain in the country’s banking system which may force Bank of Ireland and AIB to raise further capital in the near future, according to a new report by Fitch.

Business • 10 Jun 13

Fitch said the fear of Greece's euro zone exit had receded

Fitch upgrades Greek credit rating to B-

The Credit ratings agency Fitch has upgraded Greek sovereign debt by one notch, from CCC - or default status - to B-, which is the lowest rank of "highly speculative" grade on the Fitch ratings scale, otherwise known as "junk".

Business • 14 May 13

Fitch had previously warned of a downgrade due to higher-than-expected debt levels

Fitch downgrades British rating over weak outlook

Ratings agency Fitch has downgraded its rating of Britain from AAA to AA+ with a stable outlook.

Business • 19 Apr 13

Fitch said the deal would have 'limited impact on Ireland's debt stock'

No rating change despite 'positive' deal - Fitch

Ireland’s deal on the Anglo Irish Bank promissory notes is a “positive surprise”, according to ratings agency Fitch, however it will not lead to any change in the country’s rating in the short-term.

Business • 08 Feb 13

Moody's believes banks in Spain, Italy, Ireland and the UK ''require material amounts of additional provisions to fully clean up their balance sheets''

Moody's warns European banks need more cash

Banks in Ireland, Spain, Italy and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's warned today.

Business • 24 Jan 13

Fitch believes breakup of euro zone now ''very unlikely''

Fitch cautiously optimistic over euro debt crisis

The worst of Europe's debt crisis is probably over and the odds are that no country will drop out of the euro.

Business • 15 Jan 13

Fitch sees further 20% drop in Irish house prices

Ratings agency Fitch has said it expects house prices in Ireland to decline by a further 20% from current levels.

News • 09 Jan 13

Fitch negative on Irish property market

Ratings agency Fitch expects house prices in Ireland to decline by a further 20% from current levels.

Business • 08 Jan 13

'Fiscal cliff' may cost US 'AAA' rating - Fitch

Fitch has warned that the US was more likely to lose its top-notch "AAA" debt rating if lawmakers cannot agree on how to cut the deficit.

Business • 19 Dec 12

Fitch affirms France 'AAA', no room for slippage

Fitch Ratings stuck by its triple-A rating on France in a much-awaited review today.

Business • 14 Dec 12

Fitch says Argentina default is 'probable'

Fitch Ratings has downgraded Argentina, which is locked in a court battle in New York over its debt, and said the country would probably default.

Business • 28 Nov 12