Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves

Economy Tags: Markets, Ratings

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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