Moody's explains cautious approach to Greek credit rating upgrade
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Retail turnover in June grows strongly led by fuel and supermarket sales
Economic sentiment remains stable as retail confidence materially improves
Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Moody's explains why it sees SYRIZA win as credit negative
Moody’s became on Tuesday the first rating agency to release a report on the outcome of Greek elections, noting that it is credit negative because it prolongs financing, liquidity and economic growth risks, while also undermines depositor confidence.
According to the rating agency, the four takeaways from the report include:
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