S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
Dispute over pensions backlog as future burden from retirees highlighted
IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Central bank points out signs of recovery in business lending
BoG underlines progress in NPE reduction but stresses need for systemic solution
Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Moody’s upgraded Greece’s credit rating by two notches on Friday, taking it to ‘B1’, from ‘B3’ previously, with a stable outlook, from positive.
Contrary to expectations in September, Moody’s did not take any rating action and opted for a more cautious approach, as Greece was also amid discussions with its lenders to finalise the budget for the new year by avoiding the pre-legislated pensions cuts.
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