Public credit rating agencies discriminate against the UK and in favour of EU/Eurozone member states

Rating agencies discriminate against the UK

Published on 18th April 2023

Public credit rating agencies have not been even-handed in their treatment of the UK compared to EU member states, given the large shadow debts and contingent liabilities that weigh on the latter.

This is explained in the newly-released book ‘The shadow liabilities of EU Member States, and […]

Scope of EU and Eurozone debts is unrecognised by public credit rating agencies

Public credit rating agencies over-rate EU issuers

Published on 16th April 2023

The public credit ratings of EU/Eurozone member states are inflated, because the credit rating agencies have not factored in the significant shadow debts and other financial liabilities bearing down on the respective member state’s debt service capacity. Total financial liabilities are much higher than these […]