S&P affirms Greece’s rating, outlook remains stable

Economy Tags: Ratings
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

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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