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Markets buoyed by election result
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PDMA nears completion of annual debt strategy, taking another cautious step
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Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
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Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
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S&P only ups outlook, waits for political clarity before rating move
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BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Rating agencies concur in improved prospects for Greece
The June 15 Eurogroup agreement that concluded the protracted second review of Greece’s programme became the catalyst for the three main rating agencies to update their ratings, or the outlook, for the country.
Moody’s was the first to update Greece’s creditworthiness in its scheduled review, upping the rating by one notch to ‘Caa2’ with an improved outlook from stable to positive.
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