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#Downgrade

# downgrade - Tuesday 30 June, 2015

Here is the letter Enda Kenny sent to Alexis Tsipras last night
# End Of The Line
# End Of The Line

Here is the letter Enda Kenny sent to Alexis Tsipras last night

Jun 30th 2015, 7:30 AM 38,513 Views 207 Comments

Greece is finally heading for a default on its IMF loans.

# downgrade - Wednesday 10 June, 2015

Prison officers will have to travel hours with inmates if Portlaoise A&E closes
# Downgrade
# Downgrade

Prison officers will have to travel hours with inmates if Portlaoise A&E closes

Jun 10th 2015, 10:25 PM 6,224 Views 26 Comments

The closure will create additional risks and be more costly, said the POA.

# downgrade - Tuesday 20 May, 2014

Reilly: It would be unsafe to close Navan's Emergency Department... right now
# Protest
# Protest

Reilly: It would be unsafe to close Navan's Emergency Department... right now

May 20th 2014, 2:42 PM 6,514 Views 29 Comments

The health minister said the department would only close if it was there was capacity elsewhere in the system.

# downgrade - Wednesday 18 December, 2013

Moody's downgrades Bank of Ireland's deposit ratings
# Downgrade
# Downgrade

Moody's downgrades Bank of Ireland's deposit ratings

Dec 18th 2013, 6:34 PM 12,628 Views 25 Comments

The investment service said the results of the stress test that will be undertaken by the ECB next year are “difficult to anticipate”.

# downgrade - Saturday 1 December, 2012

Eurozone's new bailout fund loses AAA credit rating
# Downgrade
# Downgrade

Eurozone's new bailout fund loses AAA credit rating

Dec 1st 2012, 12:50 PM 4,375 Views 24 Comments

The European Stability Mechanism has been downgraded by Moody’s, following a similar drop for France.

# downgrade - Saturday 3 November, 2012

Proposals to downgrade Waterford Regional Hospital to county status
# Downgrade
# Downgrade

Proposals to downgrade Waterford Regional Hospital to county status

Nov 3rd 2012, 5:53 PM 13,783 Views 115 Comments

Proposals outlined this week could see the hospital’s structure broken up and aligned with Cork University Hospital.

# downgrade - Tuesday 26 June, 2012

Moody's downgrades 28 Spanish banks over debt concerns
# Downgraded
# Downgraded

Moody's downgrades 28 Spanish banks over debt concerns

Jun 26th 2012, 9:49 AM 1,158 Views 1 Comment

Banks downgraded last night include one of the eurozone’s biggest – Banco Santander.

# downgrade - Thursday 14 June, 2012

Spanish borrowing costs hit record level
# Spain
# Spain

Spanish borrowing costs hit record level

Jun 14th 2012, 12:10 PM 1,584 Views 23 Comments

Moody’s downgraded Spanish debt to within one notch of ‘junk’ status yesterday.

Moody's drives Cyprus towards junk status with two-notch downgrade
# Cyprus
# Cyprus

Moody's drives Cyprus towards junk status with two-notch downgrade

Jun 14th 2012, 11:41 AM 1,379 Views 10 Comments

The credit ratings agency has said that it has placed Cyprus’ rating on review for further possible downgrade.

# downgrade - Monday 30 April, 2012

Record unemployment, rating downgrade and now Spain is back in recession
# Spain
# Spain

Record unemployment, rating downgrade and now Spain is back in recession

Apr 30th 2012, 12:51 PM 760 Views 6 Comments

Spanish banks are now discussing creating a private entity to assume control of their toxic assets though there would be no taxpayer involvement in such a creation.

# downgrade - Friday 27 April, 2012

Bad day for Spain: Record unemployment AND a credit downgrade
# Recession
# Recession

Bad day for Spain: Record unemployment AND a credit downgrade

Apr 27th 2012, 9:38 AM 2,005 Views 30 Comments

Almost one quarter of the workforce is unemployed, according to the latest figures out today.

# downgrade - Thursday 15 March, 2012

Fitch downgrades UK outlook to negative
# Credit Ratings
# Credit Ratings

Fitch downgrades UK outlook to negative

Mar 15th 2012, 12:18 PM 821 Views 1 Comment

The nation has held onto its AAA rating but has been warned it could lose its top rating if cut-backs are eased.

# downgrade - Tuesday 28 February, 2012

S&P downgrades Greece into 'selective default' territory
# Downgrade
# Downgrade

S&P downgrades Greece into 'selective default' territory

Feb 28th 2012, 7:48 AM 1,573 Views 11 Comments

The ratings agency demonstrates it can read, by officially acknowledging that Greece’s bond-swap is a ‘selective default’.

# downgrade - Tuesday 14 February, 2012

Interest rates plunge as Italy raises €6 billion in new auction
# Downgrade
# Downgrade

Interest rates plunge as Italy raises €6 billion in new auction

Feb 14th 2012, 3:28 PM 3,104 Views 19 Comments

What downgrade? Italy flogs billions in 12-year bonds with interest rates falling dramatically on a similar bond last month.

Moody's downgrades six European countries - and warns of more to come
# Credit Rating
# Credit Rating

Moody's downgrades six European countries - and warns of more to come

Feb 14th 2012, 7:39 AM 2,349 Views 15 Comments

France and the UK were both warned that they could lose their coveted AAA credit rating.

# downgrade - Monday 13 February, 2012

Two ratings agencies downgrade Spanish banks
# Downgraded
# Downgraded

Two ratings agencies downgrade Spanish banks

Feb 13th 2012, 8:27 PM 2,242 Views 8 Comments

Fitch cut the ratings on four of Spain’s financial institutions – while S&P downgraded 15.

# downgrade - Tuesday 17 January, 2012

EU bailout fund overcomes downgrade with successful bond auction
# EFSF
# EFSF

EU bailout fund overcomes downgrade with successful bond auction

Jan 17th 2012, 12:36 PM 198 Views 0 Comments

The EFSF sells six-month bills with an average interest rate of 0.2664 per cent – despite being downgraded yesterday.

Spain raises nearly €5bn in successful short-term bond auction
# Bondwatch
# Bondwatch

Spain raises nearly €5bn in successful short-term bond auction

Jan 17th 2012, 10:00 AM 936 Views 4 Comments

Spain sees the interest rate for 12-month bonds fall significantly, while Belgium has mixed results in an auction of its own.

# downgrade - Monday 16 January, 2012

Bailout costs likely to rise after S&P downgrades EU fund
# Downgrade
# Downgrade

Bailout costs likely to rise after S&P downgrades EU fund

Jan 16th 2012, 6:18 PM 1,851 Views 11 Comments

Standard & Poor’s downgrades the European Financial Stability Fund, meaning our future loans will probably cost us more.

Back with a bang: ECB bought €3.77 billion of bonds last week
# Bond Markets
# Bond Markets

Back with a bang: ECB bought €3.77 billion of bonds last week

Jan 16th 2012, 4:31 PM 2,303 Views 7 Comments

After slowly winding down its programme of hoovering up eurozone debt, the ECB was called back into action in a big way.

Safe: Moody's says it will maintain France's AAA rating
# Moody's
# Moody's

Safe: Moody's says it will maintain France's AAA rating

Jan 16th 2012, 11:44 AM 1,226 Views 6 Comments

It follows Standard & Poor’s downgrade of France and others on Friday.

Markets dip over eurozone worries after S&P downgrades
# Markets
# Markets

Markets dip over eurozone worries after S&P downgrades

Jan 16th 2012, 8:01 AM 1,087 Views 4 Comments

The ratings agency said it doesn’t believe European leaders are doing enough to tackle the ongoing crisis.

# downgrade - Sunday 15 January, 2012

Standard & Poor's defends mass European downgrade
# Eurozone
# Eurozone

Standard & Poor's defends mass European downgrade

Jan 15th 2012, 8:45 AM 2,595 Views 15 Comments

The US-based credit rating agency has defended its decision after a sharp European backlash yesterday against its move to downgrade nine EU countries.

# downgrade - Saturday 14 January, 2012

Rehn slams 'inconsistent' credit rating downgrade
# Eurozone
# Eurozone

Rehn slams 'inconsistent' credit rating downgrade

Jan 14th 2012, 2:04 PM 2,560 Views 15 Comments

The European Commissioner for Economic and Monetary affairs has strongly criticised yesterday’s decision by Standard & Poor’s, saying that member states had been taking “decisive action in all fronts” to stem the debt crisis.

# downgrade - Friday 13 January, 2012

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk
# Downgrade
# Downgrade

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk

Jan 13th 2012, 9:43 PM 7,902 Views 77 Comments

A French downgrade is bad news for us, too – because Europe’s bailout fund is also likely to be downgraded by S&P.

The Daily Fix: Friday
# Daily Fix
# Daily Fix

The Daily Fix: Friday

Jan 13th 2012, 7:57 PM 4,070 Views 1 Comment

In tonight’s fix: Downgrades for France – and difficulty for us? Plus: yet more rows over septic tanks, victory for workers at La Senza, and every presentation you’ve ever seen…

# downgrade - Thursday 29 December, 2011

Recessions, downgrades and Super Mario - 2011: the year in money
# Review 2011
# Review 2011

Recessions, downgrades and Super Mario - 2011: the year in money

Dec 29th 2011, 10:58 AM 1,455 Views 5 Comments

2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.

# downgrade - Monday 12 December, 2011

Second ratings agency set to downgrade EU member states
# Credit Ratings
# Credit Ratings

Second ratings agency set to downgrade EU member states

Dec 12th 2011, 9:02 AM 1,236 Views 14 Comments

Moody’s follows the lead of Standard & Poor’s, complaining about “the absence of measures to stabilise credit markets”.

# downgrade - Friday 9 December, 2011

Three top French banks downgraded by Moody's
# Downgrade
# Downgrade

Three top French banks downgraded by Moody's

Dec 9th 2011, 12:56 PM 1,113 Views 10 Comments

The ratings agency says the ongoing euro crisis means the eurozone is a “fragile operating environment for European banks” at the moment.

# downgrade - Wednesday 19 October, 2011

Moody's downgrades Spain's credit rating
# Debt Crisis
# Debt Crisis

Moody's downgrades Spain's credit rating

Oct 19th 2011, 8:45 AM 261 Views 6 Comments

European leaders are feeling the pressure today as Spain becomes the latest country to experience a credit rating downgrade.

# downgrade - Friday 7 October, 2011

UK and Portuguese banks downgraded by Moody’s
# Downgrade
# Downgrade

UK and Portuguese banks downgraded by Moody’s

Oct 7th 2011, 1:00 PM 497 Views 14 Comments

Twelve banks in the UK and nine in Portugal have been downgraded after Moody’s reassessed the financial institutions’ support environment.

# downgrade - Tuesday 20 September, 2011

Italy's credit rating slashed by Standard and Poor's
# Italy
# Italy

Italy's credit rating slashed by Standard and Poor's

Sep 20th 2011, 7:32 AM 439 Views 6 Comments

The agency said a “weakening” economy and fragile government were putting the country at risk.

# downgrade - Tuesday 23 August, 2011

S&P boss steps down, weeks after unprecedented US downgrade
# Power Struggle
# Power Struggle

S&P boss steps down, weeks after unprecedented US downgrade

Aug 23rd 2011, 3:56 PM 377 Views 6 Comments

Deven Sharma, the president of Standard & Poor’s, will step down within a month after facing criticism for lowering the US’s rating.

# downgrade - Tuesday 16 August, 2011

Fitch: We're not going to remove the US's AAA rating
# Fitch
# Fitch

Fitch: We're not going to remove the US's AAA rating

Aug 16th 2011, 3:52 PM 141 Views 2 Comments

Fitch and Moody’s say they’ll be letting Standard & Poor’s go on a solo run – with two of the three agencies refusing to downgrade.

# downgrade - Saturday 13 August, 2011

How did ratings agencies become so powerful? Trains and recessions, that’s how
# Ratings Agency
# Ratings Agency

How did ratings agencies become so powerful? Trains and recessions, that’s how

Aug 13th 2011, 3:35 PM 1,259 Views 11 Comments

In the aftermath of the debt downgrade, people are wondering how S&P and the likes became so powerful. Here’s the answer.

# downgrade - Friday 12 August, 2011

US markets watchdog investigating alleged insider trading at S&P
# Insider Trading
# Insider Trading

US markets watchdog investigating alleged insider trading at S&P

Aug 12th 2011, 2:49 PM 364 Views 4 Comments

The Securities and Exchange Commission is reportedly asking Standard & Poor’s to account for anyone who knew about the US downgrade.

# downgrade - Monday 8 August, 2011

Dow disaster: 632-point drop is the 6th-worst in history
# In The Red
# In The Red

Dow disaster: 632-point drop is the 6th-worst in history

Aug 8th 2011, 9:28 PM 1,052 Views 1 Comment

The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.

US markets continue nosedive as investors dump shares for bonds
# Markets
# Markets

US markets continue nosedive as investors dump shares for bonds

Aug 8th 2011, 4:02 PM 683 Views 4 Comments

The US bond market responds brilliantly to the S&P downgrade, but the world’s stock markets are the obvious victims.

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