28/6/2024 Research EN
Scope proposes an update to its Government Related Entities Rating Methodology and invites comments
Scope Ratings calls for comments on its Government Related Entities Rating Methodology by 29 July 2024. The proposed update refines Scope’s analytical approach. No rating changes are expected as a result of this update.
21/6/2024 Research EN
Scope publishes updated supranational methodology following call for comments
Scope has published the final version of its supranational methodology together with a feedback report addressing market participants’ comments. The methodology update, which follows a call for comments released on 10 May 2024, has no rating impact.
19/6/2024 Research EN
Global economic update: soft landing reinforces prospect of higher-for-longer interest rates
A sustained period of higher interest rates will present a challenge for many borrowers worldwide, as economies adapt to a new era of comparatively tight monetary policy amid a recovery in growth and enduring inflation.
14/6/2024 Research EN
Belgium: nationalist parties raise risk of political gridlock and deterioration of fiscal outlook
Strong momentum behind the Flemish nationalists and separatists in Belgium’s federal election aggravates political fragmentation and polarization. It complicates forming a new government and the consolidation of public finances, a key credit challenge.
12/6/2024 Research EN
Europe’s shifting political landscape, limited fiscal space are challenges to closing investment gap
To bolster European security, defence, and strategic independence while improving competitiveness, the EU needs deeper capital markets and extra EU-level funding for the necessary investments. Growing political fragmentation is complicating the task.
10/6/2024 Research EN
France’s snap election raises uncertainty on fiscal consolidation and policy agenda
The outcome of France’s snap legislative election could further limit government’s ability to tackle its most urgent credit challenges, including consolidating public finances, if opposition parties strengthen their grip on the National Assembly.
4/6/2024 Research EN
EU election: far-right shift to influence, not derail mainstream policy agenda
The expected rise in support for far-right parties in the European Parliamentary elections and across member states will likely influence EU policy making but should not significantly alter Europe’s strategic priorities for tackling structural challenges.
3/6/2024 Research EN
South African elections: greater governability challenges likely as ANC loses its majority
South Africa faces a period of greater political fragmentation and reduced governability, adding pressure in the face of rising economic, social and especially fiscal challenges that need to be addressed by the next government.
31/5/2024 Research EN
Rising debt, gradual de-dollarisation are growing risks for US sovereign rating
The challenges of dealing with structurally rising debt and gradual de-dollarisation, which might both accelerate after this year’s presidential election, constitute growing pressure points for the sovereign credit rating of the United States.