Moody's ups GGB rating by two notches, on par with S&P and Fitch
Return to investment grade overshadowed by flood destruction
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
Bond re-opening with 4 pct yield completes debt strategy for year
Fitch takes no rating action as fiscal continuity remains crucial to investment grade
WEF report highlights weakness of Greek institutions and challenges of recovery
Greece’s competitiveness improved by 10 spots in 2014, at an accelerating pace compared to the previous year, according to the Global Competitiveness Report 2014-15 published by the World Economic Forum (WEF) today. In 2013, Greece had gained 5 spots.
Greece is now ranked in the 81st place from the 91st position a year ago in a list of 144 countries included in the Global Competitiveness Index (GCI). Despite the marked improvement by 10 spots, Greece’s ranking in the GCI is still losing 14 places sin...
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