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S&P to meet high-ranking Brazil officials to analyze policies

By Luciana Otoni BRASILIA (Reuters) - Standard & Poor's sovereign ratings director Lisa Schineller will meet high-ranking Brazilian government officials next week to evaluate the country's macroeconomic policies, government sources told Reuters on Friday. The meetings, which include visits with Finance Minister Guido Mantega and central bank chief Alexandre Tombini, come as Brazil works to allay concerns among S&P and other ratings agencies that its public finances have taken a turn for the worse in recent years.

S&P to meet high-ranking Brazil officials to analyze policies

By Luciana Otoni BRASILIA (Reuters) - Standard & Poor's sovereign ratings director Lisa Schineller will meet high-ranking Brazilian government officials next week to evaluate the country's macroeconomic policies, government sources told Reuters on Friday. The meetings, which include visits with Finance Minister Guido Mantega and central bank chief Alexandre Tombini, come as Brazil works to allay concerns among S&P and other ratings agencies that its public finances have taken a turn for the worse in recent years.

Moody's boosts outlook for Netherlands, Belgium

Moody's raised its credit outlook for the Netherlands and Belgium on Friday, elevating both to stable from negative as the eurozone economy improves. The Netherlands kept its top-level Aaa rating, while Belgium was three levels down at Aa3. Moody's said the Netherlands outlook improved because it was less likely to be called on to help fund rescues of weaker eurozone countries, including troubled Italy and Spain.

Moody's raises Germany outlook to stable from negative

Moody's raised its outlook for the German bond rating to "stable" from "negative" Friday, citing the lowered risk that Berlin would be called on to prop up weak eurozone economies. Country-by-country progress in the eurozone, and progress in building the European Union's institutional barriers to crisis contagion, meant there was less danger that Germany would have to lead further bailouts of other eurozone countries, Moody's said. In addition, it cited the narrowing of Germany's fiscal deficit as also contributing to the strengthening of its top-flight AAA rating.

Moody's raises Germany outlook to stable from negative

Moody's raised its outlook for the German bond rating to "stable" from "negative" Friday, citing the lowered risk that Berlin would be called on to prop up weak eurozone economies. Progress toward closing the country's fiscal deficit also contributed to the strengthening of Germany's top-flight AAA rating, Moody's said. "Moody's expects balanced fiscal budgets for2014 and 2015... the authorities are unlikely to deviate from the prudent fiscal policy stance announced in the coalition agreement," it said.

Moody's raises Germany outlook to stable from negative

Moody's raised its outlook for the German bond rating to "stable" from "negative" Friday, citing the lowered risk that Berlin would be called on to prop up weak eurozone economies. Progress toward closing the country's fiscal deficit also contributed to the strengthening of Germany's top-flight AAA rating, Moody's said. pmh/vs

Moody's upgrades Spain's credit rating one notch

Moody's raised Spain's sovereign credit rating by one notch Friday, citing progress in reforms to put the economy on a more sustainable track. Moody's Investors Service upgraded the rating to Baa2 from Baa3, and gave the country a "positive outlook", suggesting the potential of a further upgrade. Spain has made faster-than-expected progress in rebalancing the economy away from real-estate investment, where a 2008 price bubble crash sent the economy reeling, towards exports, the ratings firm said.

Spain upgrades Spain's credit rating one notch

Moody's raised Spain's sovereign credit rating by one notch Friday, citing progress in reforms to put the economy on a more sustainable track. Moody's upgraded Spain's government bond rating to Baa2 from Baa3, and gave it a "positive outlook", suggesting the potential of a further upgrade. vs/pmh

Brazil needs tighter fiscal policy in 2015 to keep rating: Fitch

By Walter Brandimarte NEW YORK (Reuters) - Fitch Ratings needs to "wait and see" if Brazil can deliver larger fiscal savings in 2015 to push down its debt burden, a senior analyst said on Friday, highlighting the road map for the country to avoid a credit downgrade in the next few years.

Moody's upgrades outlook for Italy's government bond rating to stable on improved finances

Moody's Investors Service on Friday raised the outlook on Italy's government bond rating to stable from negative, citing improved financial strength in the European country. It reaffirmed Italy's bond rating at Baa2, its second-lowest investment grade, and its Prime-2 debt ratings, which is considered a moderate credit risk.
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