S&P moves Greece closer to investment grade, puts focus on budget and growth

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

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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