The paper analyses the factors influencing the sovereign credit ratings of the new EU member states along with potential entrants. We model the ratings of the three rating agencies using a range of macroeconomic and governance variables and panel regression techniques. The unbalanced panel...

In response to the decision by British voters to leave the European Union in the recent referendum, this article discusses what may lie ahead for the regulation of the credit rating industry in the U.K. With the withdrawal from the Union meaning that the U.K. must now establish its own distinct...

We examine the impact of eurozone membership on sovereign creditworthiness over the period 1996-2017. We find that: (a) membership significantly improved sovereign creditworthiness, on average by well over one ratings notch, over this period; (b) the ratings boost was significantly higher in the...