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
Bond re-opening with 4 pct yield completes debt strategy for year
S&P moves Greece closer to investment grade, puts focus on budget and growth
S&P on Friday night upgraded Greece’s credit rating by one notch to ‘BB+’, while the outlook was revised from positive to stable. Greece is now just one notch away from securing an investment grade with S&P.
At ‘BB’, Fitch is one notch behind and two from investment grade and Moody’s at ‘Ba3’ one more notch behind the rest, two from investment grade.
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