Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year

Economy Tags: Debt, GDP, Ratings, Reforms
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook.

The post-programme period will also be supported by Greece’s ongoing market access following the completion of the third review and after the recent issue of 3 billion seven-year note with a yield of 3.5 percent. Fitch expects Greece to continue its eff...

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