Announcements

    Drinks

      Scope downgrades the Republic of Poland's credit ratings to A; Outlook revised to Stable

      2/6/2023 Rating announcement

      Scope downgrades the Republic of Poland's credit ratings to A; Outlook revised to Stable

      A longer-standing trend of weakening standards of governance and weakening of the underlying inflation outlook drive the downgrade. Sound macroeconomic fundamentals, a moderate public debt level, and a well-capitalised banking system support the ratings.

      Scope has completed a monitoring review for the Land of Baden-Württemberg

      2/6/2023 Monitoring note

      Scope has completed a monitoring review for the Land of Baden-Württemberg

      The periodic review has resulted in no rating action.

      Scope has completed a monitoring review for Republic of Cyprus

      2/6/2023 Monitoring note

      Scope has completed a monitoring review for Republic of Cyprus

      The periodic review has resulted in no rating action.

      Scope affirms the Land of Berlin's AAA rating with Stable Outlook

      2/6/2023 Rating announcement

      Scope affirms the Land of Berlin's AAA rating with Stable Outlook

      A highly integrated institutional framework, track record of fiscal consolidation, prudent liquidity management and a solid economic base support the rating. High debt, limited revenue flexibility and sizeable contingent liabilities are challenges.

      Germany: economy to rebound in 2024 on government, consumer spending after stagnation this year

      2/6/2023 Research

      Germany: economy to rebound in 2024 on government, consumer spending after stagnation this year

      Germany's economy will return to modest growth in the second half of this year helped by increased public spending, but elevated inflation and volatile net exports will ensure the recovery remains weak at least until 2024.

      Scope affirms TOMRA Systems ASA’s A-/Stable issuer rating

      2/6/2023 Rating announcement

      Scope affirms TOMRA Systems ASA’s A-/Stable issuer rating

      The affirmation reflects positive industry dynamics, strong market positions in key segments and markets, continued strong profitability and low leverage.

      French banks: sound credit profiles resilient against tighter financial conditions

      1/6/2023 Research

      French banks: sound credit profiles resilient against tighter financial conditions

      Pressure on French banks’ core profitability from tighter credit conditions is not denting their credit profiles. The recent round of results was solid and the prospect of better macroeconomic conditions in Europe is credit positive for the rest of 2023.

      Webinar: Falling NPL ratios hide rising vulnerabilities

      31/5/2023 Research

      Webinar: Falling NPL ratios hide rising vulnerabilities

      Tuesday, June 13th 2023 - 3:30 PM (CEST)

      Webinar: Performance review and outlook for Italian NPL ABS

      31/5/2023 Research

      Webinar: Performance review and outlook for Italian NPL ABS

      Wednesday, June 7th 2023 - 3:30 PM (CEST)

      Updated analytical report on Ceconomy AG

      31/5/2023 Monitoring note

      Updated analytical report on Ceconomy AG

      Following the recent affirmation of the BBB- issuer rating and the change in Outlook to Negative from Stable, Scope has updated its analytical report on Ceconomy AG.