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Travel balance moderates in June as spending per trip drops by 6.2% YoY
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Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
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CPI decelerates to 4.4% YoY in June, housing costs up 10.6%
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Scope leaves 'BBB' rating unchanged, outlook remains positive
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Moody's keeps rating unchanged at 'Baa3' and outlook stable
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DBRS leaves rating unchanged at 'BBB', cautions about risks and challenges
Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
On Friday, Fitch became the latest leading rating agency to publish a rating review for Greece, keeping the rating unchanged at ‘BBB-‘, the first step of the investment grade, while the outlook was revised up from stable to positive.
Fitch granted Greece the investment grade at the end of 2023 and has not taken any upgrade action since. This year GGBs were upgraded by DBRS and S&P to one step further into investment grade and Moody’s granted the investment grade in mid-March, with a...
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