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S&P awards investment grade, bringing arduous cycle for economy to a close
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OECD outlines several areas where reforms could boost growth potential
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PBO draws attention to effects of climate crisis on public finances
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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
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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