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
Fitch takes no rating action as fiscal continuity remains crucial to investment grade
Significant post-election economic challenges await Greek coalition
The European Parliament elections on Sunday handed SYRIZA a historic victory but the overall results are unlikely to force snap polls at this moment.
As the dust begins to settle after the vote, attention will return to the economic challenges ahead, which remain a demanding task for the New Democracy and PASOK coalition.
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