Report title: Emerging Europe Rating Dynamics
from Fitch Research
3 page (4976 word) report published Nov 19, 2008

Price $275.00 available for immediate download
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About Fitch Research

...Fitch Ratings has taken a large number of negative rating actions on sovereigns in emerging Europe (EE) in recent months. This report provides a brief summary, takes stock of where that leaves average creditworthiness and looks at the implications of rating Outlooks and Watches for future ra ting dynamics. Since the onset of the credit crunch in August 2007, Fitch has downgraded the Foreign Currency Issuer Default Ratings (IDRs) of nine countries in EE by a total of 12 notches: Bulgaria, Estonia, Georgia, Hungary, Kazakhstan, Latvia (by three notches), Lithuania, Romania (by two notches) and Ukraine. This compares with just three upgrades: Armenia, the Czech Republic and Slovakia (the latter f ollowing the decision to allow it to adopt the euro). ...

Report Type: Special Report
Company(ies): Government of Slovakia, Government of Bulgaria, Government of Poland, Government of Croatia, Government of Hungary, Government of Estonia, Government of Lithuania, Government of Kazakhstan, Government of Latvia, Government of Macedonia, Government of Ukraine, Government of Czech Republic, Government of Georgia, Government of Romania, Government of Armenia, Government of Slovenia, Government of Azerbaijan, Government of Russia, Government of Moldova, Government of Turkey
Issuer: Serbia
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