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CPI accelerates to 2.4 pct YoY in Nov, housing costs up 3.7 pct
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Energy leads 1.4 pct YoY drop in producer prices for Oct
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Fitch rating upgrade concludes another successful year for GGBs
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
Scope Ratings kept Greece’s rating unchanged at ‘BBB-‘ on Friday. This is the lowest step of the investment grade that it granted Greece in August last year, but Scope upped the outlook to positive.
The agency notes that the main driver behind the outlook revision was the continued reduction in the debt-to-GDP ratio over the coming years, on the back of steady and sizable primary surpluses, which are expected to be stronger than previously estimated.
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