OECD outlines five priorities for Greek reform agenda in 2017
Stocks edge down 0.6 pct as review talks continue
Stocks dip by 0.2 pct, lack of trading activity continues
Stocks rebound by 0.7 pct for third straight week amid light trading activity
Fitch keeps Greece’s rating at ‘CCC’
Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
In an unexpected move on Friday evening, Fitch Ratings downgraded Greece’s long-term Issuer Default Ratings (IDRs) by three notches to ‘CCC’ from ‘B’.
The scheduled rating review was on May 15. However, Fitch believes that developments in Greece warrant a deviation from its calendar.
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