S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside

Economy Tags: GDP, Markets, Ratings
Photo by MacroPolis
Photo by MacroPolis

In an unexpected move late on Friday night, S&P upgraded Greece’s rating by one notch to ‘BB’ from ‘BB-‘, while also revising upward its outlook from stable to positive.

The ratings agency had not taken any significant action on Greece since October 2019, when it had lifted the rating to ‘BB-‘ with positive outlook. Last April, it revised Greece’s outlook to stable from positive. 

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.