EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
Greece heads back to markets with 7-year bond in bid to boost own funds
S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
S&P raised on Friday its credit rating for Greece by one notch, taking it to ‘BB-’, and kept its positive outlook for the country.
Now S&P and Fitch are on a par, while Moody’s has Greece one grade lower. This means Greece is three notches away from investment grade for the two leading agencies.
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