Finance Ministry grapples with escalating cost of pandemic
Pandemic drove 28.4 bln of bank loans into moratorium last year
PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
Fitch keeps Greece at 'BB' rating as risks remain on horizon
As was broadly expected, on Friday night Fitch kept Greece’s credit rating and outlook unchanged, at ‘BB’ and stable.
Following a tumultuous year due to the pandemic, Greece finds itself with stable outlook across all three main rating agencies. Fitch is one notch ahead at ‘BB’ following last year’s upgrade in January before the pandemic, S&P has not taken any rating a...
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