#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 1°C Saturday 26 September 2020


# fitch - Friday 15 August, 2014

Two out of three ain't bad: another ratings agency gives Ireland an A

The move should spark even more interest in our government debt.

# fitch - Friday 21 March, 2014

Fitch downgrades Russia rating as EU adds sanctions to 12 more people

The agency says investors will be reluctant to lend to Russia during the current crisis.

# fitch - Tuesday 17 December, 2013

Debt write offs for some, but up to 27,000 homes could be repossessed

A new report says that 40 per cent of mortgages will begin to re-perform next year.

# fitch - Wednesday 7 August, 2013

Repossession of Irish homes to rise - but as 'a last resort'

Fitch Ratings said that the rate is to rise following the introduction of the Personal Insolvency Act, amongst other changes.

# fitch - Wednesday 9 January, 2013

House prices could fall another 20 per cent, warns Fitch

The ratings agency says a large housing oversupply, combined with growing mortgage arrears, will keep prices down.

# fitch - Wednesday 14 November, 2012

Fitch takes Ireland's credit rating off 'negative' watch list

Ireland’s credit rating is still only BBB+, but Fitch says it’s no longer expecting to downgrade us again.

# fitch - Monday 12 November, 2012

Italian prosecutor files charges against ratings agencies

The lawyer has brought charges against Standard & Poor’s and Fitch ratings agencies for downgrading Italy’s credit rating and helping to fuel the euro crisis.

# fitch - Friday 26 October, 2012

From The Daily Edge Have you seen these men? Topless Abercrombie and Fitch 'hotties' hit Dublin Abercrombie And Freezing

Have you seen these men? Topless Abercrombie and Fitch 'hotties' hit Dublin

Male models are topless on the streets of Dublin city centre, right now!

# fitch - Friday 13 July, 2012

Moody's downgrades Italy by two notches

The credit rating agency has downgraded the third largest eurozone economy just hours ahead of its latest bond sale.

# fitch - Thursday 7 June, 2012

Downgraded: Spain's credit rating slashed by Fitch with negative outlook

The cost of bailing out Spain’s banks could be as high as €100 billion, the ratings agency warned as it forecast a recession for the rest of this year and next.

# fitch - Tuesday 5 June, 2012

Fitch: Yes vote removes uncertainty, but return to markets still 'unclear'

The ratings agency says approving the Fiscal Compact removes a risk, but doesn’t guarantee a return to the markets.

# fitch - Friday 6 April, 2012

After the global financial crisis, why are rating agencies still trusted?

Credit rating agencies were widely criticised in the aftermath of the financial crisis in 2008 but they continue to hold huge sway when it comes to sovereign ratings. Now the EU is looking to curb that influence. investigates…

# fitch - Thursday 15 March, 2012

Fitch downgrades UK outlook to negative

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

# fitch - Tuesday 13 March, 2012

Fitch ratings agency upgrades Greece

The move follows a crucial bond swap with private creditors by Greece at the weekend, which knocked over €100 billion off the country’s national debt.

# fitch - Wednesday 22 February, 2012

Fitch: 'Highly likely' that Greece will default soon

The ratings agency has downgraded Greece just one day after EU leaders agreed on a €130 billion bailout deal for the country.

# fitch - Monday 13 February, 2012

Two ratings agencies downgrade Spanish banks

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

# fitch - Friday 27 January, 2012

Fitch downgrades five eurozone countries - but retains Ireland's rating

Italy, Spain, Belgium, Cyprus and Slovenia have all been downgraded by the American ratings agency.

# fitch - Friday 6 January, 2012

Fitch ratings agency downgrades Hungary to junk status

The agency also said there was a more than 50 per cent chance of another downgrade within two years.

# fitch - Friday 16 December, 2011

Ratings agency may downgrade Ireland - and 5 other eurozone countries

Fitch ratings agency has this evening said it is considering downgrading Ireland, Italy, Spain, Belgium, Slovenia and Cyprus by one or two notches.

# fitch - Thursday 15 December, 2011

Parent banks of National Irish and ACC downgraded by Fitch

Danske Bank and Rabo Bank are two of five European banks to be downgraded overnight by the ratings agency Fitch.

# fitch - Tuesday 16 August, 2011

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

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.

# fitch - Saturday 13 August, 2011

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

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

# fitch - Wednesday 10 August, 2011

Under-fire Cyprus 'will probably need a bailout' - Fitch

Economic struggler Cyprus’s rating is cut by two notches, though it’s still well above the ‘junk’ threshold for the time being.

# fitch - Thursday 14 July, 2011

Rock bottom? Greece gets the lowest credit rating in the world...again

Fitch has given Greece a CCC rating, following on from other credit rating agencies last month.

# fitch - Wednesday 13 July, 2011

European Commission slams "incomprehensible" Moody's downgrade

Jose Manuel Barroso’s spokesman says the Commission can’t understand why Moody’s is taking such a dim view.

Department of Finance 'disappointed' by Ireland's junk status

Moody’s decision to downgrade appears to indicate we’ll need a second bailout.

# fitch - Thursday 9 December, 2010

Ireland's credit rating slashed by three grades to BBB+

We are now just two levels above Greece as Fitch downgrade us for the cost of supporting banking system.

# fitch - Wednesday 6 October, 2010

Fitch downgrade hits cost of borrowing - yet again

Agency worries about banking costs. Agency downgrades rating. Price of borrowing rises. Repeat ad nauseum.

Fitch downgrades Ireland, sets outlook to negative Credit Rating

Fitch downgrades Ireland, sets outlook to negative

The agency points to the cost of the Anglo bailout to explain the downgrade.

# fitch - Tuesday 21 September, 2010

Our new economic kindred spirit: Portugal

The cost to Portugal of borrowing money over 10-years also touched 6.5% yesterday, and they’re auctioning on Thursday.