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Car registrations rise by 13.5 pct YoY in May to highest since 2010
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Scope leaves rating at 'BBB' and outlook unchanged at stable
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Moody’s upgraded Greece’s rating to ‘Baa3’ on Friday, while the outlook was revised from positive to stable. Greece has now secured the investment grade from all leading rating agencies, for the first time since the debt crisis erupted in 2010.
The first upgrade to investment grade came from S&P back in 2023 and it was later followed by Fitch and DRBS. Last year was rather subdued in upgrades although in December Scope Ratings upped Greece by one notch further into investment grade.
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