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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.


  • 18 May 2015
    • Moody’s launches new credit rating agency for the European public sector
      The new entity, Moody’s Public Sector Europe, responds to the continuing growth in public sector funding needs. Funding for the public sector in Germany, the UK, France, Spain, and Italy will reach nearly EUR180 billion annually by 2016, fuelled by lower bond borrowing costs. The expanding capital market is beneficial for European public sector entities because it allows them to diversify funding sources… Full Report
  • 12 May 2015
    • Canadian capital spending will grow through 2016 to fund infrastructure needs in large metropolitan areas
      The majority of Canadian municipalities will increase their capital spending in 2015 and 2016 on high infrastructure needs. Key capital projects will be in the fore as Canadian municipalities tackle their infrastructure deficit. Based on 2015 budgets, we expect that capital spending by the majority of Canadian municipalities will likely approach on average a peak of 30% to total revenue in 2016… Press Release l Full Report
  • 5 May 2015
    • Government Plan puts Naples on Long Road to Financial Recovery
      On 21 April, Moody’s affirmed Naples’ B1/(P)B1 ratings and changed the outlook to stable from negative, reflecting the city’s budgetary consolidation efforts since signing up to a government-sponsored financial recovery plan in 2013. However, Naples is heavily indebted, and execution risks to the turnaround plan remain…Full Report
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