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Sentiment unchanged in April thanks to services gains, consumer confidence also rises
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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
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ECB study finds Greeks overburdened by housing costs, most likely to miss payments
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S&P ups outlook to positive, leaves rating at 'BBB-'
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Moody's leaves Greece's rating unchanged, one notch from investment grade
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Investment grade boost visible in strong demand for Greek assets
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
After the R&I rating agency of Japan, it was Scope Ratings from Germany on Friday that moved Greece up by one notch to ‘BBB-‘, which is within the investment grade category, with a stable outlook, although both of the agencies are not part of the four agencies that the ECB has endorsed for its policy decisions.
For many market participants the two upgrades set the tone of what is to be expected for Greece’s rating reviews during the cycle that is due in the second half of the year.
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