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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
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ECB study finds Greeks overburdened by housing costs, most likely to miss payments
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S&P ups outlook to positive, leaves rating at 'BBB-'
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Moody's leaves Greece's rating unchanged, one notch from investment grade
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Investment grade boost visible in strong demand for Greek assets
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Fitch rating upgrade seals Greece re-establishing itself as investment grade material
The annual credit review cycle for Greece was concluded on Friday with Fitch becoming the latest rating agency to award Greece an investment grade, upping the country’s rating to ‘BBB-‘, while keeping the outlook stable.
This brings Fitch in line with S&P, both one notch ahead of Moody’s, although Moody’s did take a rating action in September, upping GGB rating to ‘Ba1’ with stable outlook.
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