The crisis is not yet over according to Coface
Bad news from the euro-zone: the crisis will take a while to end, according to the latest Coface report.
One year after Coface's positioning as an international financial rating agency, specialised in rating companies, a first assessment is now available on the ratings attributed to European companies.
On December 31st 2009, the majority of companies maintained an “investment grade” rating, despite a modification rate for ratings that was much higher in 2009 than a normal year. Coface is calling for a change in the regulations for financial ratings and will file with the European bodies for accreditation, at the same time as the historical actors.
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >