Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economic sentiment stable in June, but consumer confidence drops
BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Delays in concluding programme review are credit negative for Greece, says Moody’s
In its latest comment on Greece included in the weekly credit outlook of May 2, Moody’s notes that the delays in the country’s bailout programme review are credit negative since they increase the risk of a liquidity squeeze and prevent any discussion on debt relief.
The delays are caused by tensions between Greece and its lenders, notably the European Commission and the IMF, and weigh on economic confidence, according to the rating agency.
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