In an unscheduled change, Moody's lowered its assessment of the euro area's second-biggest economy to Aa3 from Aa2, three ...

The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.

France's newly appointed premier faces the challenge of bringing down the country's spiraling fiscal deficit and thrashing ...

S&P Global Ratings has raised its long-term sovereign credit ratings on Cyprus for a second time this year, to A- from BBB+. S&P also said Friday it had a stable outlook for the nation.