Saturday February 21, 2015
Malta's Minister for Home Affairs and National Security says it will be up to technical experts to decide if a former Irish naval vessel is suitable for rescuing refugees off its coast.
Friday February 06, 2015
Standard and Poor's has downgraded Greece's credit rating to B-, just one notch above the range indicating vulnerability to a default.
Thursday February 05, 2015
The European Central Bank has given the green light to make up to €60bn in emergency liquidity available to Greek banks, according to a source close to a national central bank.
Wednesday February 04, 2015
The European Central Bank is suspending a waiver allowing Greek banks to use government debt as collateral for loans, depriving the banks of a key avenue to much-needed cash.
Tuesday January 27, 2015
Ratings agency S&P has cut Russia's sovereign credit rating to junk status, bringing it below investment grade for the first time in a decade.
Wednesday January 14, 2015
Tesco received a fresh blow today when Standard & Poor's down graded the retailer's credit rating to non-investment grade, or "junk" status.
Friday January 09, 2015
The downgrading of Tesco's debt to "junk" status could limit its negotiating power on potential asset sales.
Thursday January 08, 2015
Tesco plans to sell assets and cut hundreds of millions of pounds of costs to fund lower prices in store as part of its plan to fight back from the biggest crisis in its 95-year-history.
Thursday December 11, 2014
Standard & Poor's said it may downgrade Tesco's credit rating after its latest profit warning, moving the British grocer closer to losing its investment grade status.
Monday December 08, 2014
Taoiseach Enda Kenny has said he does not see any circumstances where junior bondholders will be paid following the liquidation of IBRC.