In its May review, EthiFinance Ratings maintained the city of Madrid’s unsolicited credit rating at A- with a rating of A-. unsolicited credit rating for the city of Madrid at A- with a change in Trend from Stable to On Watch. In its May review, EthiFinance Ratings maintained the city [...]

The Agency plans a minor change to its long-term rating scales. The current scales consist of 22 notches plus Default, from AAA to D, plus the Default level. The proposed new scales maintain the 22 notches, but the D level corresponds to a Default. The change is minor and has [...]

In its June review, EthiFinance Ratings maintained the unsolicited rating of the Community of Madrid at A- with a Negative trend due to the favorable rating of the Community of Madrid at A- with a Negative trend due to the favorable evolution of the regional economy over the past fiscal [...]

In its June review, EthiFinance Ratings affirms the Republic of Portugal’s unsolicited credit rating in BBB for the positive performance of the Portuguese economy in both 2021 and the first quarter of 2022, mainly explained by the recovery of domestic demand. In this regard, the report supports the 5.8% growth [...]

In its June review, EthiFinance Ratings maintained its unsolicited rating on the autonomous community of Galicia at BBB+ with a Stable trend.