Fitch keeps Greek rating at 'B' with stable outlook

Economy Tags: Ratings

Fitch affirmed Greece’s rating at ‘B’ with a stable outlook in its scheduled sovereign update on Friday, This was the second rating action by Fitch within 2014 following the upgrade by one notch with a stable outlook on May 23.

The rating agency expects the current troika review to be completed by the end of the year, but notes that there is some risk it may slip into early 2015. On political developments, Fitch indicates that an early election in the first quarter of 2015 is ...

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