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Sunday 4 June 2023 Dublin: 18°C

# Fitch

All time
# Thumbs up
Two out of three ain't bad: another ratings agency gives Ireland an A
The move should spark even more interest in our government debt.
# Crimea
Fitch downgrades Russia rating as EU adds sanctions to 12 more people
The agency says investors will be reluctant to lend to Russia during the current crisis.
# Mortgage Arrears Crisis
Debt write offs for some, but up to 27,000 homes could be repossessed
A new report says that 40 per cent of mortgages will begin to re-perform next year.
# Ireland
Repossession of Irish homes to rise - but as 'a last resort'
Fitch Ratings said that the rate is to rise following the introduction of the Personal Insolvency Act, amongst other changes.
# Mortgages
House prices could fall another 20 per cent, warns Fitch
The ratings agency says a large housing oversupply, combined with growing mortgage arrears, will keep prices down.
# Credit Ratings
Fitch takes Ireland's credit rating off 'negative' watch list
Ireland’s credit rating is still only BBB+, but Fitch says it’s no longer expecting to downgrade us again.
# Italy
Italian prosecutor files charges against ratings agencies
The lawyer has brought charges against Standard & Poor’s and Fitch ratings agencies for downgrading Italy’s credit rating and helping to fuel the euro crisis.
# Abercrombie and Freezing
Have you seen these men? Topless Abercrombie and Fitch 'hotties' hit Dublin
Male models are topless on the streets of Dublin city centre, right now!
# Moody's
Moody's downgrades Italy by two notches
The credit rating agency has downgraded the third largest eurozone economy just hours ahead of its latest bond sale.
# Spain
Downgraded: Spain's credit rating slashed by Fitch with negative outlook
The cost of bailing out Spain’s banks could be as high as €100 billion, the ratings agency warned as it forecast a recession for the rest of this year and next.
# Bond Markets
Fitch: Yes vote removes uncertainty, but return to markets still 'unclear'
The ratings agency says approving the Fiscal Compact removes a risk, but doesn’t guarantee a return to the markets.
# Explainer
After the global financial crisis, why are rating agencies still trusted?
Credit rating agencies were widely criticised in the aftermath of the financial crisis in 2008 but they continue to hold huge sway when it comes to sovereign ratings. Now the EU is looking to curb that influence. TheJournal.ie investigates…
# Credit Ratings
Fitch downgrades UK outlook to negative
The nation has held onto its AAA rating but has been warned it could lose its top rating if cut-backs are eased.
# yes really
Fitch ratings agency upgrades Greece
The move follows a crucial bond swap with private creditors by Greece at the weekend, which knocked over €100 billion off the country’s national debt.
# Uh-Oh
Fitch: 'Highly likely' that Greece will default soon
The ratings agency has downgraded Greece just one day after EU leaders agreed on a €130 billion bailout deal for the country.
# Downgraded
Two ratings agencies downgrade Spanish banks
Fitch cut the ratings on four of Spain’s financial institutions – while S&P downgraded 15.
# Eurozone
Fitch downgrades five eurozone countries - but retains Ireland's rating
Italy, Spain, Belgium, Cyprus and Slovenia have all been downgraded by the American ratings agency.
# Downgraded
Fitch ratings agency downgrades Hungary to junk status
The agency also said there was a more than 50 per cent chance of another downgrade within two years.
# eurocrisis
Ratings agency may downgrade Ireland - and 5 other eurozone countries
Fitch ratings agency has this evening said it is considering downgrading Ireland, Italy, Spain, Belgium, Slovenia and Cyprus by one or two notches.
# Credit Ratings
Parent banks of National Irish and ACC downgraded by Fitch
Danske Bank and Rabo Bank are two of five European banks to be downgraded overnight by the ratings agency Fitch.
# Fitch
Fitch: We're not going to remove the US's AAA rating
Fitch and Moody’s say they’ll be letting Standard & Poor’s go on a solo run – with two of the three agencies refusing to downgrade.
# Ratings Agency
How did ratings agencies become so powerful? Trains and recessions, that’s how
In the aftermath of the debt downgrade, people are wondering how S&P and the likes became so powerful. Here’s the answer.
# Cyprus
Under-fire Cyprus 'will probably need a bailout' - Fitch
Economic struggler Cyprus’s rating is cut by two notches, though it’s still well above the ‘junk’ threshold for the time being.
# New low
Rock bottom? Greece gets the lowest credit rating in the world...again
Fitch has given Greece a CCC rating, following on from other credit rating agencies last month.
# Junk
European Commission slams "incomprehensible" Moody's downgrade
Jose Manuel Barroso’s spokesman says the Commission can’t understand why Moody’s is taking such a dim view.
# Junk
Department of Finance 'disappointed' by Ireland's junk status
Moody’s decision to downgrade appears to indicate we’ll need a second bailout.
# Downgraded
Ireland's credit rating slashed by three grades to BBB+
We are now just two levels above Greece as Fitch downgrade us for the cost of supporting banking system.
# Bond Markets
Fitch downgrade hits cost of borrowing - yet again
Agency worries about banking costs. Agency downgrades rating. Price of borrowing rises. Repeat ad nauseum.
# Credit Rating
Fitch downgrades Ireland, sets outlook to negative
The agency points to the cost of the Anglo bailout to explain the downgrade.
# Bond Markets
Our new economic kindred spirit: Portugal
The cost to Portugal of borrowing money over 10-years also touched 6.5% yesterday, and they’re auctioning on Thursday.