Moody's latest agency to up outlook to positive, keeps rating below investment grade

Economy Tags: Debt, Markets, Ratings, Reforms
Photo by Panayiotos Tzamaros
Photo by Panayiotos Tzamaros

On Friday, Moody’s upped Greece’s outlook to positive from stable, keeping the rating unchanged at ‘Ba1’, thereby remaining the only agency that is yet to grant the investment grade to Greece, keeping it just one notch below.

After the upgrade by Fitch in early December last year, becoming the most recent ratings service to award the investment grade, this year the agencies have only upped Greece’s outlook, starting with S&P in April, then Fitch in June, Scope in July and DB...

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