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Sentiment unchanged in April thanks to services gains, consumer confidence also rises
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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
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ECB study finds Greeks overburdened by housing costs, most likely to miss payments
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S&P ups outlook to positive, leaves rating at 'BBB-'
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Moody's leaves Greece's rating unchanged, one notch from investment grade
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Investment grade boost visible in strong demand for Greek assets
S&P holds off on new rating upgrade, ECB holds key to investment grade
Although the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook.
The agency had said during its latest rating upgrade in April that the positive outlook suggests over the next 12-18 months Greece could see another rating upgrade if growth surprises positively against estimates or is stronger than peers.
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