Moody’s affirms Greece’s rating at Caa3 with stable outlook

Economy Tags: Ratings
Photo by MacroPolis
Photo by MacroPolis

In its scheduled rating review, Moody’s affirmed Greece’s rating at ‘Caa3’ with a stable outlook.

The rating incorporates a high level of implementation risk given Greece’s weak institutions, social and political fragmentation as well as historically weak reform track record.

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