Markets buoyed by election result
PDMA nears completion of annual debt strategy, taking another cautious step
Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
S&P only ups outlook, waits for political clarity before rating move
BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
In an unexpected move on Friday night, Moody’s upgraded Greece’s credit rating by one notch to ‘Ba3’ from ‘B1’, while it kept the outlook stable.
Moody’s, which has its own rating scale, had not taken any upgrade action since March 2019 and was trailing the rest of the leading agencies. In October last year, S&P had raised Greece’s credit rating to ‘BB-‘, while Fitch moved Greece up to ‘BB’ in Ja...
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