Announcements

    Drinks

      Germany: demographic challenges require reforms amid political fragmentation

      2/10/2024 Research EN

      Germany: demographic challenges require reforms amid political fragmentation

      Germany is facing severe demographic challenges with more acute structural pressures than other advanced economies. Labour-market and pension reforms are essential, but fragmented politics risks eroding the country’s competitiveness.

      Global economic outlook: A resilient world economy faces US election test

      1/10/2024 Research EN

      Global economic outlook: A resilient world economy faces US election test

      The US and global economies remain resilient ahead of forthcoming US elections. However, Europe’s economic fragility poses challenges for credit despite support from the easing of interest rates.

      Türkiye: tight monetary policy drives disinflation, eases external liquidity pressures

      27/9/2024 Research EN

      Türkiye: tight monetary policy drives disinflation, eases external liquidity pressures

      Türkiye’s restrictive monetary policy continues to drive disinflation, bolster external accounts and replenish official reserves, improving the country’s long-term credit outlook despite persistently high inflation and a wide budget deficit.

      Europe: narrowing the growth gap with the US by boosting resilience in southern Europe

      24/9/2024 Research EN

      Europe: narrowing the growth gap with the US by boosting resilience in southern Europe

      Mario Draghi has reminded European policy makers of the critical need to regain economic ground lost to the United States, but the gap is less wide than it first appears, with the challenges of resilience and productivity concentrated in southern Europe.

      The Draghi report: political stalemate and Europe’s productivity gap curb growth outlook

      16/9/2024 Research EN

      The Draghi report: political stalemate and Europe’s productivity gap curb growth outlook

      Political deadlock in Germany and France limits the prospect of implementing fundamental reforms proposed by the Draghi report, which, together with Southern Europe’s productivity gap, challenges Europe’s growth outlook.

      Belgium: stable government and policy coordination key for budget consolidation

      12/9/2024 Research EN

      Belgium: stable government and policy coordination key for budget consolidation

      Belgium’s next federal government could become better aligned with the provincial administrations in Wallonia and Flanders, improving the prospects for reducing the budget deficit and stabilising public debt.

      France: political uncertainty weighs on public finances and funding conditions

      5/9/2024 Research EN

      France: political uncertainty weighs on public finances and funding conditions

      Political uncertainty, a challenging fiscal outlook, and the rising divergence in funding conditions between France and other core euro area sovereign borrowers underscore the importance for political stability and reform efforts to reduce the deficit.

      Scope publishes updated GRE Rating Methodology following call for comments

      4/9/2024 Research EN

      Scope publishes updated GRE Rating Methodology following call for comments

      Scope Ratings has updated its GRE Rating Methodology following the call for comments period, which concluded on 29 July 2024. The methodology changes are not expected to impact any current ratings.

      Germany: regional elections raise concerns about sustained political gridlock, economic growth

      4/9/2024 Research EN

      Germany: regional elections raise concerns about sustained political gridlock, economic growth

      Electoral success of populist far-right and far-left parties in Thuringia and Saxony highlights Germany’s fragmenting political landscape as mainstream parties lose ground. Looming policy uncertainty could delay regional budgets and slow economic growth.

      Spain's robust growth amid expected fiscal adjustments

      6/8/2024 Research EN

      Spain's robust growth amid expected fiscal adjustments

      Spain's GDP growth is outpacing the euro area, but expenditure pressures continue to challenge public finances, demanding comprehensive reforms on regional financing to ensure long-term sustainability.