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#Downgrade

Here is the letter Enda Kenny sent to Alexis Tsipras last night
# End Of The Line
From TheJournal.ie
# End Of The Line

Here is the letter Enda Kenny sent to Alexis Tsipras last night

Jun 30th 2015, 7:30 AM 38,499 Views 207 Comments

Greece is finally heading for a default on its IMF loans.

Prison officers will have to travel hours with inmates if Portlaoise A&E closes
# Downgrade
From TheJournal.ie
# Downgrade

Prison officers will have to travel hours with inmates if Portlaoise A&E closes

Jun 10th 2015, 10:25 PM 6,206 Views 26 Comments

The closure will create additional risks and be more costly, said the POA.

Reilly: It would be unsafe to close Navan's Emergency Department... right now
# Protest
From TheJournal.ie
# Protest

Reilly: It would be unsafe to close Navan's Emergency Department... right now

May 20th 2014, 2:42 PM 6,504 Views 29 Comments

The health minister said the department would only close if it was there was capacity elsewhere in the system.

Moody's downgrades Bank of Ireland's deposit ratings
# Downgrade
From TheJournal.ie
# Downgrade

Moody's downgrades Bank of Ireland's deposit ratings

Dec 18th 2013, 6:34 PM 12,622 Views 25 Comments

The investment service said the results of the stress test that will be undertaken by the ECB next year are “difficult to anticipate”.

Eurozone's new bailout fund loses AAA credit rating
# Downgrade
From TheJournal.ie
# Downgrade

Eurozone's new bailout fund loses AAA credit rating

Dec 1st 2012, 12:50 PM 4,368 Views 24 Comments

The European Stability Mechanism has been downgraded by Moody’s, following a similar drop for France.

Proposals to downgrade Waterford Regional Hospital to county status
# Downgrade
From TheJournal.ie
# Downgrade

Proposals to downgrade Waterford Regional Hospital to county status

Nov 3rd 2012, 5:53 PM 13,762 Views 115 Comments

Proposals outlined this week could see the hospital’s structure broken up and aligned with Cork University Hospital.

Moody's downgrades 28 Spanish banks over debt concerns
# Downgraded
From TheJournal.ie
# Downgraded

Moody's downgrades 28 Spanish banks over debt concerns

Jun 26th 2012, 9:49 AM 1,150 Views 0 Comments

Banks downgraded last night include one of the eurozone’s biggest – Banco Santander.

Spanish borrowing costs hit record level
# Spain
From TheJournal.ie
# Spain

Spanish borrowing costs hit record level

Jun 14th 2012, 12:10 PM 1,576 Views 23 Comments

Moody’s downgraded Spanish debt to within one notch of ‘junk’ status yesterday.

Moody's drives Cyprus towards junk status with two-notch downgrade
# Cyprus
From TheJournal.ie
# Cyprus

Moody's drives Cyprus towards junk status with two-notch downgrade

Jun 14th 2012, 11:41 AM 1,365 Views 10 Comments

The credit ratings agency has said that it has placed Cyprus’ rating on review for further possible downgrade.

Record unemployment, rating downgrade and now Spain is back in recession
# Spain
From TheJournal.ie
# Spain

Record unemployment, rating downgrade and now Spain is back in recession

Apr 30th 2012, 12:51 PM 758 Views 6 Comments

Spanish banks are now discussing creating a private entity to assume control of their toxic assets though there would be no taxpayer involvement in such a creation.

Bad day for Spain: Record unemployment AND a credit downgrade
# Recession
From TheJournal.ie
# Recession

Bad day for Spain: Record unemployment AND a credit downgrade

Apr 27th 2012, 9:38 AM 1,995 Views 30 Comments

Almost one quarter of the workforce is unemployed, according to the latest figures out today.

Fitch downgrades UK outlook to negative
# Credit Ratings
From TheJournal.ie
# Credit Ratings

Fitch downgrades UK outlook to negative

Mar 15th 2012, 12:18 PM 814 Views 1 Comment

The nation has held onto its AAA rating but has been warned it could lose its top rating if cut-backs are eased.

S&P downgrades Greece into 'selective default' territory
# Downgrade
From TheJournal.ie
# Downgrade

S&P downgrades Greece into 'selective default' territory

Feb 28th 2012, 7:48 AM 1,564 Views 11 Comments

The ratings agency demonstrates it can read, by officially acknowledging that Greece’s bond-swap is a ‘selective default’.

Interest rates plunge as Italy raises €6 billion in new auction
# Downgrade
From TheJournal.ie
# Downgrade

Interest rates plunge as Italy raises €6 billion in new auction

Feb 14th 2012, 3:28 PM 3,101 Views 19 Comments

What downgrade? Italy flogs billions in 12-year bonds with interest rates falling dramatically on a similar bond last month.

Moody's downgrades six European countries - and warns of more to come
# Credit Rating
From TheJournal.ie
# Credit Rating

Moody's downgrades six European countries - and warns of more to come

Feb 14th 2012, 7:39 AM 2,344 Views 15 Comments

France and the UK were both warned that they could lose their coveted AAA credit rating.

Two ratings agencies downgrade Spanish banks
# Downgraded
From TheJournal.ie
# Downgraded

Two ratings agencies downgrade Spanish banks

Feb 13th 2012, 8:27 PM 2,229 Views 8 Comments

Fitch cut the ratings on four of Spain’s financial institutions – while S&P downgraded 15.

EU bailout fund overcomes downgrade with successful bond auction
# EFSF
From TheJournal.ie
# EFSF

EU bailout fund overcomes downgrade with successful bond auction

Jan 17th 2012, 12:36 PM 190 Views 0 Comments

The EFSF sells six-month bills with an average interest rate of 0.2664 per cent – despite being downgraded yesterday.

Spain raises nearly €5bn in successful short-term bond auction
# Bondwatch
From TheJournal.ie
# Bondwatch

Spain raises nearly €5bn in successful short-term bond auction

Jan 17th 2012, 10:00 AM 931 Views 4 Comments

Spain sees the interest rate for 12-month bonds fall significantly, while Belgium has mixed results in an auction of its own.

Bailout costs likely to rise after S&P downgrades EU fund
# Downgrade
From TheJournal.ie
# Downgrade

Bailout costs likely to rise after S&P downgrades EU fund

Jan 16th 2012, 6:18 PM 1,838 Views 11 Comments

Standard & Poor’s downgrades the European Financial Stability Fund, meaning our future loans will probably cost us more.

Back with a bang: ECB bought €3.77 billion of bonds last week
# Bond Markets
From TheJournal.ie
# Bond Markets

Back with a bang: ECB bought €3.77 billion of bonds last week

Jan 16th 2012, 4:31 PM 2,298 Views 7 Comments

After slowly winding down its programme of hoovering up eurozone debt, the ECB was called back into action in a big way.

Safe: Moody's says it will maintain France's AAA rating
# Moody's
From TheJournal.ie
# Moody's

Safe: Moody's says it will maintain France's AAA rating

Jan 16th 2012, 11:44 AM 1,219 Views 6 Comments

It follows Standard & Poor’s downgrade of France and others on Friday.

Markets dip over eurozone worries after S&P downgrades
# Markets
From TheJournal.ie
# Markets

Markets dip over eurozone worries after S&P downgrades

Jan 16th 2012, 8:01 AM 1,081 Views 4 Comments

The ratings agency said it doesn’t believe European leaders are doing enough to tackle the ongoing crisis.

Standard & Poor's defends mass European downgrade
# Eurozone
From TheJournal.ie
# Eurozone

Standard & Poor's defends mass European downgrade

Jan 15th 2012, 8:45 AM 2,588 Views 15 Comments

The US-based credit rating agency has defended its decision after a sharp European backlash yesterday against its move to downgrade nine EU countries.

Rehn slams 'inconsistent' credit rating downgrade
# Eurozone
From TheJournal.ie
# Eurozone

Rehn slams 'inconsistent' credit rating downgrade

Jan 14th 2012, 2:04 PM 2,554 Views 15 Comments

The European Commissioner for Economic and Monetary affairs has strongly criticised yesterday’s decision by Standard & Poor’s, saying that member states had been taking “decisive action in all fronts” to stem the debt crisis.

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk
# Downgrade
From TheJournal.ie
# Downgrade

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk

Jan 13th 2012, 9:43 PM 7,894 Views 76 Comments

A French downgrade is bad news for us, too – because Europe’s bailout fund is also likely to be downgraded by S&P.

The Daily Fix: Friday
# Daily Fix
From TheJournal.ie
# Daily Fix

The Daily Fix: Friday

Jan 13th 2012, 7:57 PM 4,059 Views 1 Comment

In tonight’s fix: Downgrades for France – and difficulty for us? Plus: yet more rows over septic tanks, victory for workers at La Senza, and every presentation you’ve ever seen…

Recessions, downgrades and Super Mario - 2011: the year in money
# Review 2011
From TheJournal.ie
# Review 2011

Recessions, downgrades and Super Mario - 2011: the year in money

Dec 29th 2011, 10:58 AM 1,444 Views 5 Comments

2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.

Second ratings agency set to downgrade EU member states
# Credit Ratings
From TheJournal.ie
# Credit Ratings

Second ratings agency set to downgrade EU member states

Dec 12th 2011, 9:02 AM 1,229 Views 14 Comments

Moody’s follows the lead of Standard & Poor’s, complaining about “the absence of measures to stabilise credit markets”.

Three top French banks downgraded by Moody's
# Downgrade
From TheJournal.ie
# Downgrade

Three top French banks downgraded by Moody's

Dec 9th 2011, 12:56 PM 1,109 Views 10 Comments

The ratings agency says the ongoing euro crisis means the eurozone is a “fragile operating environment for European banks” at the moment.

Moody's downgrades Spain's credit rating
# Debt Crisis
From TheJournal.ie
# Debt Crisis

Moody's downgrades Spain's credit rating

Oct 19th 2011, 8:45 AM 259 Views 6 Comments

European leaders are feeling the pressure today as Spain becomes the latest country to experience a credit rating downgrade.

UK and Portuguese banks downgraded by Moody’s
# Downgrade
From TheJournal.ie
# Downgrade

UK and Portuguese banks downgraded by Moody’s

Oct 7th 2011, 1:00 PM 491 Views 14 Comments

Twelve banks in the UK and nine in Portugal have been downgraded after Moody’s reassessed the financial institutions’ support environment.

Italy's credit rating slashed by Standard and Poor's
# Italy
From TheJournal.ie
# Italy

Italy's credit rating slashed by Standard and Poor's

Sep 20th 2011, 7:32 AM 433 Views 6 Comments

The agency said a “weakening” economy and fragile government were putting the country at risk.

S&P boss steps down, weeks after unprecedented US downgrade
# Power Struggle
From TheJournal.ie
# Power Struggle

S&P boss steps down, weeks after unprecedented US downgrade

Aug 23rd 2011, 3:56 PM 369 Views 6 Comments

Deven Sharma, the president of Standard & Poor’s, will step down within a month after facing criticism for lowering the US’s rating.

Fitch: We're not going to remove the US's AAA rating
# Fitch
From TheJournal.ie
# Fitch

Fitch: We're not going to remove the US's AAA rating

Aug 16th 2011, 3:52 PM 135 Views 2 Comments

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.

How did ratings agencies become so powerful? Trains and recessions, that’s how
# Ratings Agency
From TheJournal.ie
# Ratings Agency

How did ratings agencies become so powerful? Trains and recessions, that’s how

Aug 13th 2011, 3:35 PM 1,255 Views 11 Comments

In the aftermath of the debt downgrade, people are wondering how S&P and the likes became so powerful. Here’s the answer.

US markets watchdog investigating alleged insider trading at S&P
# Insider Trading
From TheJournal.ie
# Insider Trading

US markets watchdog investigating alleged insider trading at S&P

Aug 12th 2011, 2:49 PM 352 Views 4 Comments

The Securities and Exchange Commission is reportedly asking Standard & Poor’s to account for anyone who knew about the US downgrade.

Dow disaster: 632-point drop is the 6th-worst in history
# In The Red
From TheJournal.ie
# In The Red

Dow disaster: 632-point drop is the 6th-worst in history

Aug 8th 2011, 9:28 PM 1,044 Views 1 Comment

The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.

US markets continue nosedive as investors dump shares for bonds
# Markets
From TheJournal.ie
# Markets

US markets continue nosedive as investors dump shares for bonds

Aug 8th 2011, 4:02 PM 677 Views 4 Comments

The US bond market responds brilliantly to the S&P downgrade, but the world’s stock markets are the obvious victims.

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