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Fitch leaves rating and outlook unchanged, concluding positive year for GGBs
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S&P leaves rating and outlook unchanged at 'BBB' and stable
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BoG sees several global challenges, expects Greek economy to hold its ground
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Current account balance at 1.74 bln surplus in Aug thanks to services
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Travel balance moderates in June as spending per trip drops by 6.2% YoY
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Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
Fitch became on Friday the latest rating agency to place Greece one step away from investment grade, after upgrading its sovereign credit rating to ‘BB+’ from ‘BB’. The outlook is stable.
Most analysts expect the investment grade, which the government has set as a so-called “national goal” for 2023, to take place after the national elections with better policy visibility once the new administration takes office. But it was not an entirel...
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