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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
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Labour database shows 8 in 10 workers earn less than 1,200 per month
S&P affirms Greece’s rating, outlook remains stable
S&P affirmed Greece’s ‘B-/B’ ratings in its scheduled rating review on Friday. The outlook remained stable, reflecting the rating agency’s view that the risks to its ratings are balanced over the next twelve months.
S&P anticipates that Greece will continue to fulfil most of the bailout programme conditions, albeit with considerable lags, and despite the delays in the conclusion of the second review.
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