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Underspend and taxes push primary balance up to Aug 3.77 bln above target
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DBRS leaves credit rating of 'BBB' and stable outlook unchanged
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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
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Greece digests EU-US trade deal amid mixed reaction
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Jump in corporate deposits takes balance to highest since Jan 2011
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
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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