Moody’s, which triggered a storm of selloffs last month with a warning on banks exposed to Eastern Europe, called Tuesday for more differentiation of credit risks in the region, reports the WSJ. In a new report, Moody’s said risks were highest in economies that have experienced rapid domestic credit growth and those that may not be able to rely on external support. Romania, Bulgaria and Croatia, all rated Baa3, are particularly vulnerable to credit-rating downgrades, it said.

This entry was posted by Gwen Robinson on Wednesday, March 11th, 2009 at 4:57 and is filed under Capital markets. Tagged with moody's. Edit this entry.