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Moody's ups GGB rating by two notches, on par with S&P and Fitch
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Return to investment grade overshadowed by flood destruction
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
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New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
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Bond re-opening with 4 pct yield completes debt strategy for year
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Fitch takes no rating action as fiscal continuity remains crucial to investment grade
IMF aligns Greek projections with EU, revises down GDP
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/] Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-large.jpg)
In its latest World Economic Outlook (WEO) published on Tuesday, the IMF presented its updated macro forecasts on Greece, which are based on data available on August 12.
As expected, the IMF revised downward its GDP estimates, aligning them with those the European Commission (EC) released in mid-August, which see a recession of 2.3 percent in 2015 and 1.3 percent in 2016.
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