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NEW YORK, July 24 (Xinhua) -- Moody's Investors Service on Tuesday cut the outlook for the credit rating of the European Financial Stability Facility (EFSF) to negative from stable, warning that the rescue fund would lose its Aaa rating. The rating a
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The three major credit rating agencies have affirmed France's AAA rating even as the country's borrowing costs are increasing. Standard Poor's, Moody's Investors Service and Fitch Ratings all said Wednesday they are maintaining the country's top cred
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PARIS Stock markets and the euro currency dipped Tuesday after the international financial-rating agency Moody's lowered its credit outlook for Europe's strongest economy, Germany. New jitters are also surfacing over two shakier European economies, S
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Credit rating agency Standard and Poors has revised Nigeria's economic outlook from stable to positive. In a statement, the rating agency says the Nigerian government, under President Goodluck Jonathan, has undertaken several important reform initiat
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CAIRO, Feb. 10 (Xinhua) -- Standard and Poor's (SP) downgraded on Friday the long-term rating on Egypt from B+ to B due to sharp decline of foreign exchange reserves and political uncertainties. There would be further downgrade if the Egyptian govern
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Standard Poors has cut Italy's credit rating, citing weak economic growth and political uncertainty. The credit rating agency cut Italy's rating one notch Monday - from A+ to A. SP said the country's shaky coalition government and differences in parl
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