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28/3/2025 Research EN
Türkiye: political uncertainty clouds inflation outlook
The impact of higher financial and political volatility on Türkiye’s credit ratings will mostly depend on the effectiveness of the monetary policy response and the consequences of any potential shifts in domestic economic policy.

27/3/2025 Research EN
Scope proposes an update to its European Real Estate Rating Methodology and calls for comments
The proposed update refines and further clarifies Scope’s approach. Scope is calling for comments on the methodology by 27 April 2025. The methodology as proposed might have a limited negative impact on the outstanding ratings of two issuers.

26/3/2025 Research EN
European defence: rearmament orders to test production, R&D, supply chains, short-term funding
Rearming Europe is set to boost demand for the region’s defence companies but will test the sector’s fragmented production capabilities, R&D, supply chains, and access to capital, says Scope Ratings.

24/3/2025 Research EN
European rearmament plans: national policy choices will shape fiscal impact
Germany’s ample fiscal space to finance higher defence spending by issuing debt contrasts with the more constrained public finances in France and the United Kingdom unless both governments make significant budgetary adjustments.

13/3/2025 Research EN
Spain’s Autonomous Communities: debt relief eases burden but fails to address structural risks
Spain's proposed EUR 83bn debt relief for autonomous communities, equal to 25% of total regional debt, is credit-positive as it will reduce the regions’ debt burden but it risks moral hazard, underscoring the need for financing reform.

6/3/2025 Research EN
Germany’s borrowing to rise by EUR 625bn for infrastructure and defence
Germany’s fiscal stimulus to decisively address its longstanding investment gap and immediate security needs could lead to EUR 625bn of new debt over five years, or 13% of GDP. However, sustaining long-term growth potential will require further reforms.

5/3/2025 Research EN
Real Estate Insight – March 2025
Europe’s real estate firms find funding respite but refinancing challenge looms; covered bonds provide stability in turbulent times; non-prime office segment faces rising vacancy rates; what can Frederick the Great tell us about today’s capital markets?