S&P keeps B+ rating and positive outlook, stresses factors for stronger growth

Economy Tags: Debt, GDP, Ratings
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Standard and Poor’s opened the credit rating review cycle of the new year for Greece by affirming its ‘B+’ rating, which it granted in June of last year following the Eurogroup decisions for additional debt relief that essentially marked the successful completion of the country’s third adjustment programme.

The outlook was kept positive. Greece remains four notches away from an investment grade for S&P.

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