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Pandemic still a risk for Irish credit ratings, warns S&P


Irish corporations, banks and semi-state companies remain vulnerable to the economic effects of the pandemic despite weathering the difficulties so far, according to ratings agency S&P Global.
Credit ratings for Irish debt issuers remained relatively stable in the second half of 2020 despite the pandemic, but a similar performance in 2021 depends on vaccine roll out and a quick global recovery, the agency said.
Currently a quarter of the 86 Irish-incorporated debt issuers rated by S&P are on a negative outlook, meaning they are at risk of a credit downgrade that would make it more difficult and expensive for them to raise finance. ....

Patrick Drury Byrne , European Central Bank , European Central , பேட்ரிக் ட்ரூரீ பெயரனே , ஐரோப்பிய மைய வங்கி , ஐரோப்பிய மைய ,