24/10/2025 Rating announcement EN
Scope downgrades the United States of America’s credit ratings to AA- and revises Outlooks to Stable
Sustained deterioration in public finances and a weakening of governance standards drive the downgrade. A wealthy, competitive economy, institutional resilience and the dollar’s reserve currency status anchor the ratings.
17/10/2025 Rating announcement EN
Scope affirms the Land of Hesse’s AAA rating with Stable Outlook
Robust budgetary performance, conservative debt and liquidity management, and limited contingent liability risks support the rating. Low expenditure flexibility and lingering cost pressures remain the main credit challenges.
10/10/2025 Rating announcement EN
Scope affirms European Union’s and Euratom’s AAA rating with Stable Outlook
Highly rated member states’ commitment, strong mandate, high liquidity buffers, excellent capital market access and preferred creditor status support the ratings; rising debt and guarantees pose challenges.
10/10/2025 Rating announcement EN
Scope affirms Republic of Cyprus’s credit ratings at A- and revises the Outlook to Positive
Strong fiscal outlook, robust economic growth, and reduced vulnerabilities in the banking system drive the outlook change. The small, open economy, large external imbalances and legacy vulnerabilities in the banking sector are key challenges.
10/10/2025 Rating announcement EN
Scope affirms Hungary’s credit rating at BBB with Stable Outlook
Still-robust growth prospects and a solid external position support the rating. A relatively high public debt and fiscal deficits, continued uncertainty around the disbursement of substantial EU funds, and vulnerabilities to external shocks are challenges