-
Fitch keeps Greece at 'BB' rating as risks remain on horizon
-
PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
-
BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
-
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
-
PMI rises to 50 points in September, signalling stabilisation
-
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Fitch affirms Greece’s rating at ‘CCC’
In its scheduled review published on Friday evening, Fitch affirmed Greece’s rating at ‘CCC’. It is worth noting that S&P has the highest rating (B-) on Greece, three notches above that of Moody’s (‘Caa3’) and two notches higher than Fitch.
The rating agency commented that the fiscal performance in the course of this year is consistent with the primary surplus target of 0.5 percent for 2016, but the succeeding two years’ fiscal targets will be progressively more difficult to be met.
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00