S&P only ups outlook, waits for political clarity before rating move

Economy Tags: Debt, Markets, Ratings

S&P left Greece’s rating unchanged at “BB+’, while it upped its outlook to positive from stable, one notch below investment grade.

Greece is now one step away from investment grade for three of the agencies accepted by the ECB, with Moody’s placing the country’s sovereign debt three notches from investment grade. 

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