Sovereign Outlook 2026: Rising Geopolitical Tensions and Fiscal Headwinds
*Till December 12, 2025. Ukraine is currently assigned no rating outlook in selective default. Outlooks on long-term issuer ratings are displayed in foreign currencies. Source: Scope Ratings.Rating risks erode potential for strong economic growth, fiscal flexibility The significant geopolitical and fiscal risks outweigh the potential positive effects of strong growth and emerging areas of fiscal…