Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
DBRS leaves Greece a notch from investment grade, outlook stable
Survey highlights households struggling with cost of living, delivers worst outlook since 2019
Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
S&P dashes Greece's hopes for an upgrade
Despite initial government expectations for an upgrade, Standard and Poor’s (S&P) affirmed today Greece’s rating at ‘B-/B’ and stable outlook.
According to S&P, the rationale of Greece’s rating reflects its view of high (albeit long-dated) debt burden and onerous external debt position (400 percent of current account receipts in 2014) against relatively high (although still falling) GDP per ca...
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