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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate -
ECB study finds Greeks overburdened by housing costs, most likely to miss payments -
S&P ups outlook to positive, leaves rating at 'BBB-' -
Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets -
Labour database shows 8 in 10 workers earn less than 1,200 per month
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Moody’s and DBRS issued on Friday night their scheduled credit reviews for Greece, both leaving the rating and outlook unchanged. This was the most likely outcome given the global challenges and the uncertain times on several fronts.
Moody’s kept Greece at ‘Ba3’ with a stable outlook, with some market participants speculating that the agency could upgrade Greece as its rating is behind the rest of the leading agencies and has not taken an upgrade action since the end of 2020.
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