Competence behind sovereign ratings is crucial, given that the government bond market may be vulnerable to multiple equilibria and self-fulfilling prophecies. With this in mind, this paper reviews and scrutinises official Standard & Poor's publications that address key issues surrounding the...

The current complicated economic situation in Greece - and the rising political uncertainty that once again accompanies it - has important repercussions for growth, incomes, employment and the banking system in both the short and long term. The new Greek government is trying to perform a...