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DBRS leaves credit rating of 'BBB' and stable outlook unchanged
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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
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Greece digests EU-US trade deal amid mixed reaction
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Jump in corporate deposits takes balance to highest since Jan 2011
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
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Finance Ministry seeks solutions to address growing housing problem
Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
In an unexpected move on Wednesday night, Moody’s was the latest ratings agency to upgrade Greece’s credit worthiness by two notches, to ‘B3’ from the ‘Caa2.’ maintaining the positive outlook.
Moody’s rating, which was last upgraded in the summer of 2017, was well behind those of S&P and Fitch. Both upgraded Greece to ‘B’ in the last few weeks. Moody’s rating is the equivalent of ‘B-‘ for the other two and remains a notch lower.
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