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Credit ratings, research and analysis on regional and local governments as well as on a wide array of public-sector entities with specialized mandates in both the developed and emerging markets, including mass transportation, health care, water systems, social housing, higher education, and charity trusts.


  • 7 Mar 2017
    • Euro area exit risk is very low - Greece aside - but could rise this year
      The rise of anti-European Union political parties has increased the likelihood of a country other than Greece leaving the EU single currency area. Although the overall risk of exit remains very low, the probability could increase over coming months, depending on the results of upcoming European elections…Press Release l Full Report
  • 1 Mar 2017
    • Finance Settlement Continues Negative Pressure on Funding for English Local Authorities
      The final local government finance settlement for 2017-18 by the U.K.’s Department for Communities and Local Government confirms the decline in government transfers to local authorities with grants to local authorities in England falling fall by 4% in the coming fiscal year... Full Report​​
  • 21 Feb 2017
    • German Laender well prepared for peaking pension payments
      German Laender (regions) have been reacting to the expected rise in pension-related budgetary pressure by building up pension reserve funds. While reserves accrued to date are small (€35 billion) compared to the estimated amount of total pension liabilities (€1 trillion), their purpose is to keep annual pension payments at a sustainable level and not to fund pension liabilities...Full Report
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