Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
New government sets sights on sustainable and wide-reaching tourism industry
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Bonds enjoy great buoyancy but remain some distance from investment grade
Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Talks to begin on plan to rescue PPC from dire financial straits
S&P affirms Greece’s rating with stable outlook
As was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable.
It is worth noting that S&P has the highest rating for Greece, which stands three notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC’ set on August 18, 2015).
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.