Announcements

    Drinks

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

      2/6/2023 Rating announcement EN

      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 EN

      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 EN

      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 EN

      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.

      Scope affirms France’s AA long-term credit ratings; revises Outlook to Negative from Stable

      26/5/2023 Rating announcement EN

      Scope affirms France’s AA long-term credit ratings; revises Outlook to Negative from Stable

      Weakening public finances and implementation risks to the reform agenda drive the Outlook change. A large, diversified, and resilient economy; core euro area member status; a favourable debt profile; and excellent capital market access are strengths.

      Scope affirms Croatia's credit ratings at BBB+ with Stable Outlook

      26/5/2023 Rating announcement EN

      Scope affirms Croatia's credit ratings at BBB+ with Stable Outlook

      Euro area membership since 2023, favourable public debt trajectory and sound structural reform momentum support the ratings. High public debt levels, modest growth potential and limited economic diversification remain rating challenges.

      Scope downgrades Czech Republic's credit ratings to AA-; Outlook revised to Stable

      26/5/2023 Rating announcement EN

      Scope downgrades Czech Republic's credit ratings to AA-; Outlook revised to Stable

      Weakened medium-term growth prospects and deteriorated fiscal metrics drive the downgrade. A robust fiscal policy framework and favourable debt profile are key credit strenghts.

      Scope has completed a monitoring review for the Netherlands

      19/5/2023 Monitoring note EN

      Scope has completed a monitoring review for the Netherlands

      This periodic review has resulted in no rating action.

      Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook

      19/5/2023 Rating announcement EN

      Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook

      Strong capital base, excellent asset quality, very high liquidity buffers, growing strategic importance, and highly rated shareholders support the rating. High leverage is the key credit challenge.

      Scope has completed a monitoring review of the United Kingdom

      19/5/2023 Monitoring note EN

      Scope has completed a monitoring review of the United Kingdom

      Monitoring review announcement