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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
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
Fitch rating upgrade concludes another successful year for GGBs
Fitch upgraded Greece’s rating by one notch to ‘BBB’ with a stable outlook. The upgrade reflects the rapid public-debt reduction, sustained budget surpluses, a resilient economy, and stronger banking-sector fundamentals, while long standing external and structural weaknesses continue to weigh on the rating.
A key driver of the upgrade is Greece’s sustained debt decline. Fitch projects gross government debt to fall by 9 percentage points in 2025, reaching 145 pct of GDP, after a similar 10-point drop in 2024. Though still nearly triple the BBB-median debt r...
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