Fitch Ratings on Friday upgraded its outlook on Türkiye’s long-term foreign-currency issuer default rating to positive from stable, while affirming the rating at “BB-.”

Ratings agency Fitch has put Euroclear Bank on “rating watch negative”, citing potential legal and liquidity risks stemming from the European Union’s plans to use frozen Russian central bank assets to fund a reparations loan to Ukraine.

Azerbaijan’s economy is projected to grow at an average annual rate of 2.66% between 2025 and 2030, according to a new forecast by Fitch Ratings.

Fitch Ratings has affirmed Azerbaijan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook.

Annual gas exports from Azerbaijan to the European Union (EU) may require $18.5 billion to reach 20 billion cubic meters, noted a country report by Fitch Solutions, which is a company under the Fitch Group, News.az reports.

Real GDP growth data from the first eight months of 2024 show surprisingly strong activity, prompting an upward revision to Fitch Solutions’ full-year forecast from 2.5% to 3.1%, this was stated in a country report by Fitch Solutions (FS), a company belonging to Fitch Group, News.az reports.