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Moody’s weighs in on Germany’s energy plan

International ratings agency Moody’s said on Wednesday that Germany’s target of reducing its dependency on Russian gas to 10% by 2024 will be difficult. “While Germany has already gradually reduced its reliance [on Russian imports] from 60% in 2020 to 35% by mid-April, reaching the 10% target means replacing about …

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S&P, Fitch, and Moody’s withdraw Russia credit ratings

The globe’s three major credit rating agencies – S&P, Fitch, and Moody’s – withdrew ratings on Russia and Russian entities on Friday in order to comply with Ukraine-related European Union sanctions imposed on the country. The EU prohibited international financial institutions from rating Russia and Russian firms on March 15 …

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Moody’s upgraded the ratings of six Ukrainian banks

Among them, three state-owned banks.International rating Agency Moody’s Investors Service has upgraded the rating of the state of PrivatBank, Oschadbank and Ukreximbank, as well as private Raiffeisen Bank Aval, Prominvestbank and Pivdenne. This was reported on the Agency’s website. So, the rating of PrivatBank, Oschadbank and Ukreximbank upgraded to Caa2 …

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Moody’s increased the credit rating of Ukraine

The Agency raised the sovereign rating of the country.Moody’s raised the rating to Caa2 from Caa3 to nine editions of sovereign Eurobonds of Ukraine, was issued in November 2015 as part of the restructuring of the national debt. In addition, the Agency improved the Outlook from stable to positive, according …

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