S&P sees improved fiscal and growth prospects, raises credit rating to 'B'

Economy Tags: Debt, Ratings
Photo by Panayiotos Tzamaros
Photo by Panayiotos Tzamaros

Rating agency S&P raised Greece’s long-term credit rating to ‘B’ from ‘B-’ on Friday, maintaining the positive outlook.

S&P was the only one out of the three main rating agencies that only upgraded its outlook during the summer, and not Greece’s credit rating.

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