OECD outlines several areas where reforms could boost growth potential
PBO draws attention to effects of climate crisis on public finances
Moody's ups GGB rating by two notches, on par with S&P and Fitch
Return to investment grade overshadowed by flood destruction
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
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.
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