The traditional meeting between the presidents of the Supreme Powers was held on Wednesday, this time without the heads of the Executive, Judicial and the Supreme Electoral Tribunal. The meeting covered several topics and once again the fiscal situation was on the table, as well as the need for Costa Rica to approve new tax […]
Archives for November 9, 2017
Moody’s downgraded the BCR again
Risk rating firm Moody’s lowered BCR’s base credit rating to B1 on Wednesday. Previously it was located in BA3. Despite this, the ratings agency confirmed the long-term local currency deposit ratings and unsecured foreign currency ratings at Ba2, as well as Ba3’s long-term foreign currency deposit rating. The outlook of all the ratings remains negative. […]