-

KBRA Releases Research – ECB Guides Member States Through Debt Cliffs

DUBLIN--(BUSINESS WIRE)--Kroll Bond Rating Agency Europe Limited (KBRA) releases research exploring the elevated debt levels within the euro area and how this will evolve with regard to inflation. Pandemic-related elevated debt is a credit consideration but, in KBRA’s view, this is balanced by the eurozone’s resilient debt profile.

Key Takeaways

  • The European Central Bank (ECB) sets the tone for the bloc’s debt dynamics
  • Inflation and the ECB’s mandate challenge its policy stance
  • Improved debt profiles of member states contain risks

Click here to view the report.

Related Publications

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Analytical
Ken Egan, Associate Director
+353 1 588 1275
ken.egan@kbra.com

Joanna Drobnik, CFA, Senior Director
+353 1 588 1250
asia.drobnik@kbra.com

Joan Feldbaum-Vidra, Managing Director
+1 (646) 731-2362
joan.feldbaumvidra@kbra.com

Business Development
Mauricio Noé, Senior Managing Director & Co-Head of Europe
+44 208 148 1010
mauricio.noe@kbra.com

Kroll Bond Rating Agency

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Analytical
Ken Egan, Associate Director
+353 1 588 1275
ken.egan@kbra.com

Joanna Drobnik, CFA, Senior Director
+353 1 588 1250
asia.drobnik@kbra.com

Joan Feldbaum-Vidra, Managing Director
+1 (646) 731-2362
joan.feldbaumvidra@kbra.com

Business Development
Mauricio Noé, Senior Managing Director & Co-Head of Europe
+44 208 148 1010
mauricio.noe@kbra.com

More News From Kroll Bond Rating Agency

KBRA Assigns Preliminary Ratings to AHPT 2026-ATRM

NEW YORK--(BUSINESS WIRE)--KBRA announces the assignment of preliminary ratings to six classes of AHPT 2026-ATRM, a CMBS single-borrower securitization. The collateral for the transaction is a $565.7 million floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrowers’ fee simple and leasehold interests in 18 hotels located in 12 state...

KBRA Releases Monthly CMBS Trend Watch

NEW YORK--(BUSINESS WIRE)--KBRA Releases the July 2026 issue of CMBS Trend Watch. Following a very strong June for issuance, the commercial real estate (CRE) securitization market experienced a summer seasonal slowdown in July. A total of 10 private label CMBS conduit and single-borrower (SB) transactions priced during the month, down from 18 in June. SB deals continue to dominate issuance, accounting for eight of the transactions. Despite the slower monthly pace, year-to-date (YTD) private lab...

KBRA Assigns Preliminary Ratings to MSBAM 2026-C36

NEW YORK--(BUSINESS WIRE)--KBRA is pleased to announce the assignment of preliminary ratings to 14 classes of MSBAM 2026-C36, a $700.5 million CMBS conduit transaction collateralized by 31 commercial mortgage loans secured by 57 properties. The collateral properties are located throughout 18 MSAs, of which the three largest are New York (21.7%), Orange County (10.5%), and San Jose (7.1%). The pool’s three largest property type exposures are retail (26.4%), office (23.9%), and multifamily (20.0%...
Back to Newsroom